Thomson Co. produces and distributes sem.conductors for use by computer manufacturers. Thomsoned $960,000 of 10 year, bonds on May 1 of the current years with interest payable on May 1 od November 1. The first year of the company is the calendar ye May 1 Issued the bonds for cash at their face amount Nov. 1 Paid the interest on the bonds Dec. 31 Recorded accrued interest for two months Jourrialize the entries to record the above selected transactions for the current year. If an amount box does not requre an entry leave it blank May 1 Bonds Payable Nov. 1 Interest Expense II II II II II II Dec 31 Interest Expense Interest Payable