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Eng 104 La Corpo r adcount the method Dan Bound the t her whole number for bondan tes in Chat the books m ounts to record the song bonds payabia ce of bonds on May 200 Date Title and Englantion punto Credit De Credit To record first payment of interest and amortiration 3) Accrual of interest and amortization of premium or discount on December 31, 2020, which is the company's year-end. Date Account Title and Explanation Debit Credit Dec 31 To record the interest accrued on bonds payable 4) Payment of interest and amortization of premium or discount on April 30, 2021. Date Account Title and Explanation Debit Credit Apr 30 To record payment of interest and amortization 5) Redemption of the bond for its face value one year before maturity on May 1 Date Account Title and Explanation Debit Credit May 1 Redemption of bord - Chapter 7 Post-Class Homework Chapter 7 por long term Liabile