9. On July 1, 2021, the Company issued a 2 year $100,000 bond which had a contract interest rate of 6% interest. At the time the bond was issued the market interest rate was 10%. At the time of issuance, the bond was issued at a discount and recorded by a debit to Cash of $90,000, a credit to Bonds Payable of $100,000, and a debit to Bond Discount of $10,000. Prepare the journal entry to record the December31, 2021 interest payment and discount amortization. Assume straight- line amortization of the bond discount 10. On December 31, 2021, the Company issued 50,000 additional shares of its common stock, par value $1 per share for $60,000 cash. 11. At December 31, 2021, the Supplies Inventory account showed a debit balance of $1,500. An inventory of unused supplies taken at December 31, 2021 indicated $500 of unused supplies on hand