100000 bond with a stated rate of 10% and effective rate of 12% that pays internet semi-annually and has maturity for 3 years. Semi annual interest payments made in July 1 of current year and January 1 of the following year. Using effective rate method

I know the initial entry is

Jan 1 Cash 95082

Discount on bonds payable 4918

Bonds payable 100000

and recording the entries

July 1 Bond interest expense 5705

Discount on bonds payable 705

Cash 5000

Dec.31 Bond interest expense 5747

Discount on bonds payable 747

Bond interest payable 5000

My question is the entry for the next year on Jan 1

Jan. 1 Bond interest payable 5000

?

Cash 5000?

Jan. 1 Bond Interest expense 5792

Discount on bonds payable 792

Cash 5000