n January 1, Durkan Industries issues &percent, 10-year bonds payable with a maburity value of $110,000. The bonds sel at 9 and pay interest on January 1 and Jdly 1 Durkan Industies amontes any bond docount or premium by the straight ine metiod 1. Record the issuance of the bonds on January 1 2 Record the semiannual interest payment and amortication of any bond discount or premium on July 1 Requirement 1, Record the issuance of the bonds on January 1.0Record debits fest then creats. Exclude explanations tom any jounal entries Journal Entry Debit Jan 1 C Discount on ands payable 10 000 Requirement 2. Record the semiannual interet payment and amortization of any band decount or premum on July1. Round your anivens to he neanet whole umber ournal Enty Date n bonds ya