GeneralProducts issued bonds with a face amount (total maturity value) of $100,000 at a stated annual interest rate of 5%, sold to yield an effective annual interest rate of 6%. The 5% bonds were issued at a discount of $7,439 for an initial carrying value of $$92,561 on July 1, 2022. A journal entry will be required to record this bond sale. The effective-interest method will be applied to amortize the discount. At the end of the year, a journal entry will be required to accrue the interest for 2022.

Record journal entries for the following.Show your calculations ?