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Bennett Company issued $120,000, 8%, 10-year bonds payable at 92 on January 1, 2024 6. Journalize the issuance of the bonds payable on January 1,

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Bennett Company issued $120,000, 8%, 10-year bonds payable at 92 on January 1, 2024 6. Journalize the issuance of the bonds payable on January 1, 2024 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024 8. Assume the bonds payable was instead issued at 112 Joumalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium (Record debits first, then credits Select explanations on the last line of the journal entry) 6. Journalize the issuance of the bonds payable on January 1, 2024 Date Accounts and Explanation Debit Credit Jan 1 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024 Date Accounts and Explanation Debit Credit Jul 1 8. Assume the bonds payable was instead issued at 112. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the band discount or premium Start by Joumalizing the issuance of the bonds payable. Date Accounts and Explanation Debit Credit te Jan 1 cla... Now journalize the payment of the first semiannual interest and amortization of the bond Date Accounts and Explanation Debit Credit Jul 1

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