Suppose BMO issued a five$-$year $$18,000$ bond with a stated interest rate of $5\mathrm{.}75\%$ when the market interest rate was $5\frac{3}{4}\%.$ Assume that the accounting year of BMO ends on September $30.$

Journalize the following transactions, including an explanation for each entry.

a$.$ Issuance of the bond payable on April $1,2020$

b$.$ Accrual of interest expense on September $30,2020($rounded to the nearest dollar$)$

c$.$ Payment of cash interest on October $1,2020$

d$.$ Payment of the bonds at maturity $($give the date$)$

a$.$ Journalize the issuance of the bond payable on April $1,2020.($Record debits first, then credits. Enter explanations on the last line.$)$

b$.$ Journalize the accrual of interest expense on September $30,2020($rounded to the nearest dollar$).$