Suppose National Bank issued a five year $10,000 bond with a stated interest rate of 7 75% when the market interest rate was 7 Assume that the accounting you of National Bank 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. Journakze the issuance of the bond payable on February 1, 2020 (Record debits first, then credits. Enter explanations on the last line) Journal Entry 2020 Accounts and Explanations Debit Credit Feb 1 b. Journalize the accrual of interest expense on July 31 2020 rounded to the nearest dollar Journal Entry Accounts and Explanations 2020 Debit Credit July 31 Choose from any list of enter any number in the input fields and then continue to the next question b. Journalize the accrual of interest expense on July 31, 2020 (rounded to the nearest dollar). Journal Entry Accounts and Explanations 2020 Debit Credit July 31 4 c. Journalize the payment of cash interest on August 1 2020 Journal Entry 2020 Accounts and Explanations Debit Credit Aug Choose from any list or enter any number in the initian c. Journalize the payment of cash interest on August 1, 2020 Journal Entry Accounts and Explanations 2020 Debit Credit Aug 1 d. Journalize the payment of the bonds at maturity (give the date). Journal Entry Accounts and Explanations Debit Credit Feb Choose from any list or enter any number in the input fields and then continue to the next