Vernon Corp. issued 6.5% ten-year bonds payable with a face amount of $140,000 when the market interest rate was 6.%. Vemon's focal year-end on December 31. The bonds pay interest on January and Jay 1 Read the requirement a. Issuance of the bonds payable et par on July 1, 2018 Journal Entry Date Accounts and Explanations 2018 Debit Credit 1 Requirement entry b. Accrual oferest expense on December 31, 2018 Journal Entry Date Accounts and Explanations 2018 Journalize the following transactions for Vemon.include an explanation for each sunce of the bonds payable at par en sy 1, 2018 b. Accrual of interest expense on December 31, 2018 e Payment of cash interest on January 1, 2019 d. Payment of the bonds payable a maturity give the date) Record debits first, the credits Select the explanation on the line of the journal arty) Debit Credit 31 Print Done c. Payment of cash interest on January 1, 2019 Choose from any ist or enter any number in the input fields and then continue to the next question MacBook Air 4 8.88 % 5 & 7 2 3 4 6 9 0 o W E R T Y U A S D G H J K