On January 1, 2014, JWS Corporation issued $613,000 of 7% bonds, due in 8 years. The bonds were issued for $577,287, and pay interest each July 1 and January 1. JWS uses the effective-interest method. Prepare the company's journal entries for the January 1 issuance, the July 1 interest payment, and the December 31 adjusting entry. Assume an effective-interest rate of 8%. (Round answers to 0 decimal places, e.g. 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 amount is entered. Do not indent manually.)