Celine Dion Company issued		$2,500,000	of	12%	10	year bonds on
January 1, 2020 at		114.00	Interest is payable semiannually on July 1 and January 1.
Dion Company uses the effective interest method of amortization for bond premium or discount.
Assume an effective yield of		9.7775%	(market interest rate at issurance).
Instructions:
Prepare the journal entries to record the following. (Round to the nearest dollar.)
(a) The issuance of the bonds.
Jan 1, 20
(b) The payment of interest and related amortization on July 1, 2020.
Jul 1, 20
(c) The accrual of interest and the related amortization on December 31, 2020.
Dec 31, 20