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Record the issue of the bonds on September 1, 2024. (List all debit entries before credit entries Credit account titles are automatically indented when the

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Record the issue of the bonds on September 1, 2024. (List all debit entries before credit entries Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the anounts) Record the accrual of interest on February 28, 2025, assuming the somi-annual amortization amount for this inter est period is \$1,065. (Ust debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry' for the account titles and enter O for the amounts) On September 1.2024. Oriole Corporation issued $630,000 of 10 year, 3% tonds at 95 . Interest is payable semi-annually on September 1 and March 1 Oriole's fiscal year end is February 28. (a) Is the market rate of interest higher or lower than 3x? Market interest rate is than 3%

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