Company A issues $250,000 worth of bonds at 100 dated January 1, 20x2 on January 1, 20x2. The bonds have an 8% interest rate and will mature on December 31, 20x8. Interest will be paid semiannually on June 30 and December 31. The company's fiscal year ends on December 31.

Required: Record all journal entries required from 1/1/x2 through 12/31/x2 and on 12/31/x8.