8) On January 1, 2019, Mullens Sales issues $10,000 in bonds for $9,400. The bonds are five-year bonds with a stated rate of 4% and pay semiannual interest on June 30 and December 31. Mullens Sales uses the straight-line method to amortize bond discount. Prepare the journal entry for the first interest payment on June 30, 2019. Omit explanation. 9) On January 1, 2018, Western Services issued $20,000 of 8% bonds that mature in five years. The bonds were issued for $20,750. Prepare the journal entry to issue bonds. Omit explanation 10) On January 1, 2019, Booth Sales issues $10,000 in bonds for $10,900. These are 5-year bonds with a stated rate of 4%, and pay semiannual interest. Booth Sales uses the straight-line method to amortize bond premium. Prepare the journal entry for the first interest payment on June 30, 2019. Omit explanation. 11) On July 1, 2019, Montana Company has bonds with balances as shown below. Bonds Payable Discount on Bonds Payable co If the company retires the bonds for $71,150, what will be gain or loss on the retirement