Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson Co. issued $960,000 of 10-year, 7% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year.

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.

Journalize the entries to record the above selected transactions for the current year. Round your answers to whole number.

May 1	Cash	fill in the blank
	Bonds Payable		fill in the blank
Nov. 1	Interest Expense	fill in the blank
	Cash		fill in the blank
Dec. 31	Interest Expense	fill in the blank
	Interest Payable		fill in the blank