Du 1 complete Marked out of 19.00 P Rat question Recording Entries for Bonds Sold Between interest Dates On May 1, 2020, Setup ing sold an issue of 5%, 52,000 bonds dated January 1, 2020, to yeld 5. The bonds pay interest every june 30 and December 31, and mature December 31, 2024 a. Provide journal entries to be made by Setup Inc. at each of the following dates. 1. May 1, 2020 bondissance 2. June 30, 2020, first interest payment Note List multiple debits or credit when applicable in alphabetical order Note: Round your answer to the nearest whole dollar Recording Entries for Bonds Sold Between Interest Dates On May 1, 2020, Setup Inc. sold an issue of SM $2,000 bonds dated January 1, 2020, to yield 5%. The bonds pay interest every June 30 and December 31, and mature December 31, 2024 a. Provide journal entries to be made by Setup Inc. at each of the following dates. 1. May 1, 2020, bond issuance. 2. June 302020, first interest payment Note: List multiple debits or credits (when applicable) in alphabetical order Note: Round your answer to the nearest whole dollar Account Name b. Indicate the amount of interest expense to be recorded in the income statement of Setup Inc. for the six months ended June 30, 2020 Check Save Answers Next