On January 1, 2018, Kohl Corporation issued $700,000, 8%, 10-year bonds at face value. Interest is payable semiannually on July 1 and January 1. Kohl Corporation has a calendar year end.

Instructions

Prepare entries relating to:

1. January 1, 2018 (2 marks)
2. June 30, 2018 (2 marks)
3. July 1, 2018 (2 marks)
4. December 31, 2018. (2 marks

Please show all workings and type in order for me to copy and paste.