est Amortization On December 31, 2017. Brown Company issued $750,000 of 20-year, eight percent bonds payable for 5621,307. yielding an effective interest rate often percent interest payable semiannually on June 30 and December 31. Prepare journal entries to reflect (a) the issuance of the bonds. (b) the semina interest payment and discount amortization (straight-line interest method) on June 30, 2018, and the semiannual interest payment and discount amortization on December 1, 2 Round answers to the nearest dollar General journal Date Description Debit Credit (al 12/11/17 Cash 0 To record issuance of boodsata discount (6) 06/30/18 0 0 0 Cash To record semiannual payment and discount creation 12/31/10 0 0 . 0 0 0 To record semnul payment and discount amortization Check