Current Attempt in Progress Novak Ltd. issued a $862,000, 10-year bond dated January 1, 2020. The bond was sold at 97. 10% interest was payable on the bond on January 1 and July 1 each year. The company's year-end was December 31, and Novak followed ASPE and chose to use the straight- line amortization method. Prepare the journal entries for the given dates. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation 1.2020 Cash Bonds Payable 120 Interest Expense Bond Interest Payable Interest Payable er 31, 2020 Interest Expense 1, 2021 Bonds Payable Interest Payable Interest Payable Cash Debit 837002 Credit 837002 1250