Moving to another question will save this response Question 1 Question 7 points Over the River Co. (OTRC) sells $1,900,000 of 6-year, 15% bonds at par plus accrued interest. The bonds are dated January 1, 2020, but due to market conditions are not issued until May 1, 2020. Interesm on June 30 and December 31 each year. The market rate of interest at the time of issue is the same as the stated rate Required: Prepare journal entries to record The issuance of the bonds on May 1, 2020. Assume that OTRC has adopted a policy of crediting accrued interest payable for the accrued interest on the date of sale. b. Payment of interest on June 30, 2020