Amoruso co produces and distributes semiconductors for use by computer manufactures; amoruso co issued $7,500,000 of 15 year 10% bonds on April 1 of the current year at face value, with interest payable on April 1 and October 1. The fiscal year of the company is the calendar year, journalize the entries to record the following selected transactions for the current year?
apr 1 issued the bonds for cash at their face amount
oct 1 paid the interest on the bonds
dec 13 recorded accrued interest for three months