Oleg issued a $90,000, 8%, 10-year bond payable at 94 on January 1, 2016. Requirements 1 Jrnalize the issuance of the bond payable on January 1, 2016. 2.Journalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2016 (Assume bonds 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.) Requirement 1. Joumalize the issuance of the bond payable on January 1, 2016. Credit Date 2016 Jan. 1 Accounts and Explanation Debit Requirement 2. Joumalize the payment of semiannual interest and amortization of the bond discount or premium on July 1, 2016. Accounts and Explanation Debit Credit Date 2016 Jul. 1