The board of directors of Caliphones Plus authorized the issue of $0.000,000 of %, 5year bondu payable. The semi The semiannual internet dates are May 31 and November 20 The bonds are Issued on May 31, 2018 at par Read the requirements Requirement 1. Joumalize the transactions a through a. Record debits first then crede. Becade explorations from journal entrie) a. Issuance of half of the bonds on May 21, 2018 Journal Entry Date 2018 Account May 31 Debit Credit The board of directors of Cellphones Plus authorized the issue of $9,000,000 of 8%, 5-year bonds payable. The semiannual interest dates are May 3 issued on May 31, 2018, at par. Read the requirements b. Payment of interest on November 30, 2018 Journal Entry Date Accounts Debit Credit 2018 Nov 30 c. Accrual of interest on December 31, 2018 Journal Entry Accounts Date 2018 31 Debit Credit Dec Chrom d. Payment of interest on May 31, 2019 Journal Entry Date 2019 Accounts May 31 Debit Credit Requirement 2. Report interest payable and bonds payable as they would appear on the company's balance sheet at December 31, 2018