Journalize the issuance of bonds

On January 1, 2018, Professors Credit Union (PCU) issued 9%, 20-year bonds payable with face value of $600,000. These bonds pay interest on June 30 and December 31. The issue price of the bonds is 104. Journalize the following bond transactions: i (Click the icon to view the bond transactions.) (Assume bands payable are amortized using the straight-line amortization method. Record debits first, then credits. Select explanations on the last line of the journal entry. Round your answers to the nearest whole dollar.) a. Journalize the issuance of the bonds on January 1, 2018. Date Accounts and Explanation Debit Credit 2018 Jan. 1 b. Journalize the payment of interest and amortization on June 30, 2018. Date Accounts and Explanation Debit Credit 2018 Jun. 30 Choose from any list or enter any number in the input fields and then continue to the next question. (? MacBook Air