Cloverdale Country Rodeo Inc. $($CCRI$)$ sells $$1,000,000$ of $10-$year, $6\%$ bonds for $$980,500$ plus accrued interest. The bonds are dated January $1,2023,$ but due to market conditions are not issued until April $1,2023.$ Interest is payable on June $30$ and December $31$ each year. CCRI elects to report its financial results in accordance with ASPE and uses the straight$-$line method to amortize the bond discount.

Required:

Prepare journal entries to record:

a$.$ The issuance of the bonds on April $1,2023.$ Assume that CCRI has adopted a policy of crediting accrued interest payable for the accrued interest on the date of sale.

b$.$ Payment of interest on June $30,2023.$

c$.$ Payment of interest on December $31,2023.$