Bennett Company issued $180,000, 12%, 10-year bonds payable at 92 on January 1, 2018. 6. Joumalize the issuance of the bonds payable on January 1, 2018. 7. Joumalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2018. 8. Assume the bonds payable was instead issued at 106. Journalize 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, 2018. 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, 2018. Date Accounts and Explanation Debit Credit Jul. 1 8. Assume the bonds payable was instead issued at 106. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. Start by journalizing the issuance of the bonds payable. Date Accounts and Explanation Debit Credit Jan. 1 Now journalize the payment of the first semiannual interest and amortization of the bond. Date Accounts and Explanation Debit Credit Jul. 1