Exercise 14-6 (Algo) Bonds; issuance; effective interest [LO14-2] The Gonzalez Group issued $810.000 of 11% bonds on June 30,2024 , for $879,498 - The bonds were dated on June 30 and mature on June 30,2044 (20 years) - The market yield for bonds of similar risk and maturity is 10% - Interest is paid semiannually on December 31 and June 30 Required: 1. to 3. Prepare the journal entries to record their issuance by The Gonzalez Group on June 30, 2024, interest on December 31,2024 and interest on June 30, 2025 (at the effective rate) Note: If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Journal entry worksheet 3 Record the interest on December 31, 2024 (at the effective rate). Note: Enter debits before credits. Exercise 14-6 (Algo) Bonds; issuance; effective interest [LO14-2] The Gonzalez Group issued $810.000 of 11% bonds on June 30,2024 , for $879,498 - The bonds were deted on June 30 and mature on June 30,2044 (20 years) - The market yield for bonds of similar risk and maturity is 10% - Interest is paid semiannually on December 31 and June 30 Required: 1. to 3. Prepare the journal entries to record their issuance by The Gonzalez Group on June 30, 2024, intetest on December 31,2024 and interest on June 30,2025 (at the effective rate) Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 3 Record the issuance of the bond on June 30, 2024. Notes finter debits before credits. The Gonzalez Group 15sued $810,000 of 11% bonds on June 30,2024 , for $879,498 - The bonds were dated on June 30 and mature on June 30,2044 (20 years) - The market yeld for bonds of similar risk and maturity is 10% - Interest is paid semiannually on December 31 and June 30. Required: 1. to 3. Prepare the joumal entries to record theif Issuance by The Gonzalez Group on June 30, 2024 , interest on December 31,2024 and interest on June 30, 2025 (at the effective rate) Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet 1 Record the interest on June 30,2025 (at the effective rate). Note: Enter debits before credits