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dated January 1, 2024, with a face amount of $20 million. For bonds of similar risk and matunty, the market yield is 12%. Interest is

dated January 1, 2024, with a face amount of \$20 million. For bonds of similar risk and matunty, the market yield is 12%. Interest is paid semiannually on June 30 and December 31. Prepare the journal entry to record interest on June 30, 2024, using the straight-line method. Prepare the joumal entry to record interest on December 31,2024 , using the straight-line method. DO NOT USE COMMAS OR DOLLAR SIGNS IN YOUR ANSWER. LIST DEBITED ACCOUNTS FIRST IN THE JOURNAL ENTRY

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