On January 1, 2018, a company issued 6%, 20-year bonds with face value of $100,000. Interest is paid each June 30 and December 31. The straight-line amortization method is used by the company. Assume that the company issued the bonds at 94. Prepare the company's journal entries on the following dates. (Select explanations on the last line of the journal entry. Round amounts to the nearest whole dollar.) a. On June 30, 2018. Date Accounts and Explanation Debit Credit 2018 Jun. 30 b. On December 31, 2018. Date Accounts and Explanation Debit Credit 2018 Dec. 31 |