Knowledge Check 01 On December 31, 2019, Wintergreen, Inc., issued $150,000 of 7 percent, 10-year bonds at a price of 93.25. Wintergreen received $139,875 when it issued the bonds (or $150,000 x 9325). After recording the related entry, Bonds Payable had a balance of $150,000 and Discounts on Bonds Payable had a balance of $10,125. Wintergreen uses the straight-line bond amortization method. The first semiannual interest payment was made on June 30, 2020. Complete the necessary journal entry for June 30, 2020 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. View transaction list Journal entry worksheet 1 On December 31, 2019, Wintergreen, Inc., issued $150,000 of 7 percent, 10- year bonds at a price of 93.25. Wintergreen received $139,875 when it issued the bonds (or $150,000 x.9325). After recording the related entry, Bonds Payable had a balance of $150,000 and Discounts on Bonds Payable had a Note: Enter debits before credits. Debit Credit Date General Journal June 30 Bond interest expense Discount on bonds payable Cash Record entry Clear entry View general journal