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On January 1 , 2 0 2 4 , Nurses Credit Union ( NCU ) issued 6 % , 2 0 - year bonds payable

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On January 1,2024, Nurses Credit Union (NCU) issued 6%,20-year bonds payable with face value of $900,000. These bonds pay interest on June 30 and December 31. The issue price of the bonds is 101. Journalize the following bond transactions:
(Click the icon to view the bond transactions.)
(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.)
b. Journalize the payment of interest and amortization on June 30,2024.
\table[[Date,Accounts and Explanation,Debit,Credit],[2024],[Jun.30,Interest Expense,,],[Premium on Bonds Payable,,],[Cash,,],[Paid semiannual interest and amortized premium.,,]]
c. Journalize the payment of interest and amortization on December 31,2024.
\table[[Date,Accounts and Explanation,Debit,]]
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