Reporting Financial Statement Effects of Bond Transactions Lundholm, Inc., which reports financial statements each December 31, is authorized to issue $630,000 of 9%, 15-year bonds dated May 1, 2021, with interest payments on October 31 and April 30. Assume the bonds are issued at par on May 1, 2021. a. Record the bond issuance, payment of the first semiannual periods interest, and retirement of $210,000 of the bonds at 101 on November 1, 2022, using journal entries. Assume that interest was paid on October 31, 2022. Date Account Debit Credit May 1 0 To record issuance of bonds Oct. 31 0 To record first semiannual installment Nov 1 0 0 0 0 To record partial retirement of bonds, b. Post the journal entries to their respective T-accounts. Note: Enter your answers, in transaction order, in the first open field of the appropriate column in each account. Cash Bonds payable 0 Interest expense 0 0