Coffman Company sold bonds with a face value of $1,000,000 for $945,812. The bonds have a coupon rate of 9 percent, mature in 8 years, and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this year. Using a discount account, record the sale of the bonds on January 1 and the payment of interest on June 30 of this year. Coffman uses the effective-interest amortization method. Assume an annual market rate of interest of 10 percent. Note: If no entry is required for o transaction/event, select "No journal entry required" in the first occount field. Round final onswers to neorest whole dollor. Journal entry worksheet