Homework: Graded MAL HW #9 [Ch 12] Spr 2020 Score: 0 of 10 pts X Instructor-created question 13 of 20 (18 complete On December 31, 2018, when the market interest rate is 12%, a company issues $450,000 of 9.25%, 10-year bonds for $379, 119 The company uses the effective interest amortization method. Interest is paid each June 30th and Dec 31st. (Round amounts to the nearest whole dolar. Select journal entry explanations on the last row of the tables) Prepare the entry on June 30, 2019. Debit Credit Date 2019 un 3 Interest Expense Discount on Bonds Payable Cash Paid semiannual interest and amortized discount Prepare the entry on December 31, 2010 Date Accounts and Explanation 2019 Dec 31 Interest Expense Discount on Bonds Payable Cash Paid semiannual interest and amortired discount