On January 1, 2018, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $530,000 of 7% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year.

If the market interest rate is 6%, the bonds will issue at $591,254. Record the bond issue on January 1, 2018, and the first two semiannual interest payments on June 30, 2018, and December 31, 2018.

How do i record this in a journal entry please assist. Thanks