On January $1,2025,$ Cheyenne Corporation issued $$630,000$ of $9\%$ bonds, due in $10$ years. The bonds were issued for $$590,744,$ and pay interest each July $1$ and January $1$ Cheyenne uses the effective$-$interest method.

Prepare the company's journal entries for $($a$)$ the January $1$ issuance, $($b$)$ the July $1$ interest payment, and $($c$)$ the December $31$ adjusting entry. Assume an effective$-$interest rate of $10\%.($Round answers to $0$ decimal places, eg$.38,548.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

No$.$

$($a$)$

$($b$)$

$($c$)$

Date

Account Titles and Explanation

Debit

Cre