The board of directors of Cellphones Electronics authorizes the issue of $6,000,000 of 8%, 15 year bonds payable. The semiannual interest dates are May 31 and November 30 The bonds are sued on May 31, 2019 Requirements 1. Journalize the following transactions a. Issuance of the bonds on May 31, 2019 b. Payment of interest on November 30 2019 c. Accrual of interest on December 31, 2010 d. Payment of interest on May 31, 2020: 2. Report interest payable and bonds payable as they would appear on the Cetphones Electronics balance sheet at December 31 2019 Requirement 1. Journalize the transactions a through d (Record debits first, then credits. Exclude explanations from journal entries. Round your answers to the nearest whole dollar) a Issuance of the bonds on May 31, 2019 Date May 2019 31 Journal Entry Accounts Debit Credit 30, 2019 IT