$(9)$

Required information

$[$The following information applies to the questions displayed below.$]$

Legacy issues $$710,000$ of $8\mathrm{.}0\%,$ four$-$year bonds dated January $1,2026,$ that pay interest semiannually on June $30$ and December $31.$ They are issued at $$621,812$ when the market rate is $12\%.$

$4.$ Prepare the journal entries to record the first two interest payments.

Journal entry worksheet

$1$

$2$

Record the interest payment and amortization on June $30.$

Note: Enter debits before credits.

$\backslash$table$[[$Date$,$General Journal,Debit,Credit$],[$June $30,,,],[,-,,],[,,,],[,,,],[7,,,]]$