The Board of Directors of the Lawrence Corporation Authorized the Issuance

The board of directors of the Lawrence Corporation authorized the issuance of $600,000 face value of 10-year, 9 percent bonds dated May 1, 2019, and maturing on May 1, 2029. Interest is payable semiannually on May 1 and November 1. Record the following bond transactions on page 5 of a general journal. Omit descriptions.
2019
May 1 Issued $60,000 of bonds at face value
Nov. 1 Paid the semiannual interest on the bonds issued
Dec. 31 Recorded the adjusting entry for the accrued bond interest
31 Closed the Bond Interest Expense account into the Income Summary account
2020
Jan. 1 Reversed the adjusting entry for accrued bond interest
May 1 Paid the semiannual interest on the bonds issued
1 Issued $50,000 of bonds at face value
Nov. 1 Paid the semiannual interest on the bonds issued
Dec. 31 Recorded the adjusting entry for the accrued bond interest
31 Closed the Bond Interest Expense account into the Income Summary account