Cupola Fan Corporation issued 10%, $510,000, 10-year bonds for $484,000 on June 30, 2018. Debt issue costs were $2,600. Interest is paid semiannually on December 31 and June 30. One year from the issue date (July 1, 2019), the corporation exercised its call privilege and retired the bonds for $494,000. The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs. Required: Prepare the journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue costs on December 31, 2018 and June 30, 2019 and call of the bonds according to IFRS. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

4. Record the issuance of the bonds. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2018 2 3 Record the payment of interest. Note: Enter debits before credits. Date General Journal Debit Credit December 31, 2018 2 3 Record the payment of interest. Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2019 3 4 Record the call of the bonds Note: Enter debits before credits. Date General Journal Debit Credit June 30, 2019