The board of directors of Canterbury Plus authorizes the issue of $9,000,000 of 9%, 5-year bonds payable. The semiannual interest dates are May 31 and November 30. The bonds are issued on May 31, 2019, at face value. Requirements 1. Journalize the following transactions: a. Issuance of half of the bonds on May 31, 2019 b. Payment of interest on November 30, 2019 c. Accrual of interest on December 31, 2019 d. Payment of interest on May 31, 2020 2. Report interest payable and bonds payable as they would appear on the Canterbury Plus balance sheet at December 31, 2019. Requirement 1. Journalize the transactions a through d. (Record debits first, then credits. Exclude explanations from journal entries.) a. Issuance of half of the bonds on May 31, 2019 Date 2019 May 31 Journal Entry Accounts Debit Credit b. Payment of Interest on November 30, 2019 Date 2019 Nov. 30 Journal Entry Accounts Debit Credit c. Accrual of interest on December 31, 2019 Date 2019 Dec 31 Journal Entry Accounts Debit Credit d. Payment of interest on May 31, 2020 May Date 2020 31 Journal Entry Accounts Debit Credit Requirement 2. Report interest payable and bonds payable as they would appear on the Canterbury Plus balance sheet at December 31, 2019. Liabilities Current liabilities: Long-term liabilities: