Ike issues $120,000 of 11%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $123,044. When the market rate is 10% 4. Prepare the journal entries to record the first two interest payments. View transaction ist Journal entry worksheet 1 2 Record the first interest payment on June 30. General Journal Debit Credit 30 Required information 1 2 Record the first interest payment on June 30. Debit Credit Date General Journal June 30 View general Journal Becord required information > Record the second interest payment on December 31. Note Enter debitore credits General Journal Debit Credit Date December 31 Record entry Clear entry View general Journal