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Issuance of Bonds On 01/02/21, XYZ Corp. issues $200,000,8%, 10 year Bonds @95. The Bonds pay interest on 06/30 and 12/31. The company uses the

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Issuance of Bonds On 01/02/21, XYZ Corp. issues $200,000,8%, 10 year Bonds @95. The Bonds pay interest on 06/30 and 12/31. The company uses the Straight Line Method to amortize any discount or premium. Required: 1) Record the Journal Entry for the Issuance of the Bonds on 01/02/21.. 2) Record the Joutrnal Entry for the payment of interest and amortization on 06/30/21. TTT Arial 3 (12pt) T- Path: P

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