Brief Exercise 9-7 Bond Interest and Amortization Andrews Corporation issued $300,000 of 12%, 3-year bonds on January 1, Interest is payable semiannually on June 30 and December 31. Andrews uses the straight-line method of amortization. Required a. Prepare the journal entry to record the issuance of the bonds if they are issued at 101. For a compound transaction, if an amount box does not require an entry, leave it blank