Bryan Company issued $510,000 of 9% face value bonds on January 1,2019 , for $496,840. The bonds are due December 31 , 2021, and pay interest serniannually on June 30 and December 31. Bryan uses the straight-line amortization method. Aequired: Prepare the joumal entries to rocord the issuance of the bonds and the first two interest payments. Chart of Accounts ASSETS REVENUE 111 Cash 411 Sales Revenue 121 Accounts Receivable EXPENSES 141 Inventory 152 Prepaid Insurance 500 Cost of Goods Sold 181 Equipment 511 Insurance Expense 198 Accumulated Depreciation 512 Utilities Expense 521 Salaries Expense LIABILITIES 532 Bad Debt Expense 211 Accounts Payable 540 Interest Expense 231 Salaries Payable 541 Depreciation Expense 250 Unearned Revenue 559 Miscellaneous Expenses Chart of Accounts 231 Salaries Payable 541 Depreciation Expense 250 Unearned Revenue 559 Miscellaneous Expenses 255 Bonds Payable 910 Income Tax Expense 256 Premium on Bonds Payable 257 Discount on Bonds Payable 261 Income Taxes Payable EQUITY 311 Common Stock 331 Retained Earnings