Rabbit Corpued 65% two your bonds payable with a ce amount of 540 000 when the market interest rate was 55% Rabbi's fscal year and on December 31 The bond paytonary Read the comme Issuance of the bonds payable on July 1 2018 Journal Entry Date Accounts and Exptions 2010 5 Debit Cred * Requirement - X Cred Journalize the following transactions for Rabbit. Include an explanation for each entry a. Issuance of the bonds payable at par on July 1, 2018 b. Accrual of interest expense on December 31, 2018 c. Payment of cash interest on January 1, 2019 d. Payment of the bonds payable at maturity (give the date) (Record debits first, then credits Select the explanation on the last line of the journal entry table.)