intermediate accounting

fx On June 30th, 2018. XYZ Company restructured outstanding debt. Under the terms of this restructure, the 3 Reduced the principal obligation from $100,000 to $70,000 4 "Extended the maturity date from June 30th, 2018 to June 30th, 2020. Reduced the interest rate from 10% to 8% Part One Record the journal entry for the restructuring of this debt on June 30 th. \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular} Part Two 13 Record XYZ's first semiannual post-restructuring payment of interest on December 31 st, 2018. \begin{tabular}{|l|l|l|} \hline & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}