$`$Headland Company issued $$576,000$ of $10\%,20-$year bonds on January $1,2020,$ at $103.$ Interest is payable semiannually on July $1$ and

January $1.$ Headland Company uses the straight$-$line method of amortization for bond premium or discount.

Prepare the journal entries to record the following. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the

amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

$($a$)$ The issuance of the bonds.

$($b$)$ The payment of interest and the related amortization on July $1,2020.$

$($c$)$ The accrual of interest and the related amortization on December $31,2020.$

Date

Account Titles and Explanation

Debit

Credit

$\frac{1}{1}\frac{?}{20}$

$\frac{7}{1}\frac{?}{20}$

$\frac{12}{31}\frac{?}{20}$