Lincoln Company issued $$110,000$ of $10-$year, $8\%$ bonds payable on January $1,2025.$ Lincoln Company pays interest each January $1$ and July $1$ and amortizes discount or premium by the straight$-$line amortization method. The company can issue its bonds payable under various conditions.

Read the requirements.

Requirement $1.$ Journalize Lincoln Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. $($Record debits first, then credits. Exclude explanations from any journal entries.$)$

Journalize the issuance of the bond payable at face value.

$\backslash$table$[[$Date$,$Accounts,Debit,Credit$],[$Jan$.1,2025,,,],[,,,],[,,,]]$