Howard Company issued $240,000, 6%, 10-year bonds payable at 90 on January 1, 2018 Journalize the issuance of the bonds payable on January 1, 2018. Journalize the payment of semiannual interest and amortization of the bond discount 6. premium (using the straight-line amortization method) on July 1, 2018 7. 8. Assume the bonds payable was instead issued at 106. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount premium. (Record debits first, then credits. Select explanations on the last line of the journal entry.) 6. Journalize the issuance of the bonds payable on January 1, 2018. Date Accounts and Explanation Debit Credit Jan. 1 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2018. Accounts and Explanation Debit Credit Date Jul. 1 8. Assume the bonds payable was instead issued at 106. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. Start by journalizing the issuance of the bonds payable. Date Accounts and Explanation Debit Credit Jan. 1 Now journalize the payment of the first semiannual interest and amortization of the bond Accounts and Explanation Credit Date Debit Jul. 1