Question: these are the choices for all 3 dates. ASAP please. On Jan 1, 2020 ABC company borrows $500 by issuing a 3-year, 12% bond at

these are the choices for all 3 dates. ASAP please.

On Jan 1, 2020 ABC company borrows $500 by issuing a 3-year, 12% bond at face value Required Prepare the necessary journal entries on the following dates Jan 1, 2020 (issuance of the bond) Dec 31, 2020 (recording of interest) Jan 1, 2021 (payment of interest) DATE ACCOUNT TITLES DEBIT CREDIT Jan 1, 2020 Interest Expense DATE DEBIT CREDIT Dec 31, 2020 Accounts Payable Bonds Payable Interest Payable DATE Cash DEBIT CREDIT Jan 1, 2021 Notes Payable 40"C Clo

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