Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson Co, issued $540,000 of 10-year, 11% bonds on May year of the company is the calendar year, Joumalize the entries to record the following selected transactions for the current year Refer to the Chart of Accounts for exact wording of account titles. May 1 Nov. 1 Issued the bonds for cash at their face amount. Paid the interest on the bonds Recorded accrued interest for two months Dec. 31 anufacturers. Thomson Co. issued $540,000 of 10-year, 11% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1 The fiscal and year. Refer to the Chart of Accounts for exact wording of account titles Th JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. RET DEBT CREDIT ASSETS LIABUTES EQUITY 1 2 5 Adjusting Entries