Comet Products Ltd. issued bonds and received proceeds of $59,924,950. The bonds mature in 13 years and carry a 9% interest rate paid semi-annually. The bonds were issued at a price of 94.370 to yield 9.774%. Show the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit List of Accounts Determine the face value of the bond. $ Face Value of the Bonds List of Accounts Show the journal entries to record the first two semi-annual interest payments on these bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, e.g. 125.) Account Titles and Explanation Debit Credit (First payment) (Second payment)