Suppose ING Direct issued a seven-year $17,000 bond with a stated interest rate of 5.25% when the market interest rate was 5%. Assume that the accounting year of ING Direct ends on July 31. Journalize the following transactions, including an explanation for each entry. a. Issuance of the bond payable on February 1, 2020 b. Accrual of interest expense on July 31, 2020 (rounded to the nearest dollar) c. Payment of cash interest on August 1, 2020 d. Payment of the bonds at maturity (give the date) a. Journalize the issuance of the bond payable on February 1, 2020. (Record debits first, then credits. Enter explanations on the last line.) Date Accounts and Explanations Debit Credit Feb. 1, 2020