Legacy issues $660,000 of 5.5%, four-year bonds dated January 1, 2021, that pay interest semiannually on June 30 a December 31. They are issued at $648,412 when the market rate is 6%. Problem 10-4A (Algo) Part 4 4. Prepare the journal entries to record the first two interest payments. Answer is complete but not entirely correct. No 1 Date June 30 General Journal Debit Credit Bond interest expense 19,452 x Discount on bonds payable Cash 1,302 X 18,150 2 December 31 Bond interest expense 19,491 Discount on bonds payable 1341 Vate Windows