LO BE9.7 Prepare journal entries for debentures issued at face value. 3 Eccencia Ltd issued 2000 8%, 5-year, $1000 debentures dated 1 January 2020 at 100. (a) Prepare the journal entry to record the issue of these debentures on 1 January 2020. (b) Prepare the journal entry to record the first interest payment on 1 July 2020 (interest payable half-yearly), assuming no previous accrual of interest. (c) Prepare the adjusting journal entry on 31 December 2020, to record interest expense