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NAIT issued 20-year 5% bonds with a face value of $150 million at par on September 1, 2020. With the bonds paying interest sem annually on February 28 and August 31 each year. NAIT's year end is December 31, 2020. For each journal entry line drag and drop debit or credit and the dollar amount. Also, drag and drop the correct amount for the last question. Required 1 Issuance of Bonds at Par Value Accounts Debit or Credit Amount Cash Bond Payable Record the Issuance of bonds at par value Required #2 Interest owing on the bonds at December 31, 2020 Accounts Debit or Credit Amount interest Payable interest Expense Interest owing on the bonds for 4 months from September 1 to December 31. 2020 (NAIT's year-end) w much interest will be paid to the bond holders on February 28, 20217 ebit Credit 50,000,000 $155,000,000 $7,500,000 $5,000,000 $3,750,000 $2,500,000 $1,250.000 $625,000