Name: Homework #10 Acct 205 Date: This homework problem is an INDEPENDENT assignment. It is due on Monday, December 2, 2019. Please turn in the original handwritten copy to me and keep a copy for yourself to go over during class. 1. On April 1, 2016, CMV Corp. issued $600,000, 6%, 5-year bonds at face value. The bonds were dated April 1, 2016, and pay interest annually on April 1. Financial statements are prepared annually on December 31. Instructions Prepare the journal entry to record the issuance of the bonds. (b) Prepare the adjusting entry to record the accrual of interest on December 31, 2016. (c) Prepare the journal entry to record the payment of interest on April 1, 2017