On January 1, 2019 Tenth Inning Company sold a 10 year Bond issue of $2,000,000. The Bonds were issued at a sale price of 103. The Bonds require semi-annual interest payments on July 1 and January 1 at a stated rate of 7.5%. Required:

1. Journalize the issuance of the bonds on January 1, 2019.
2. Journalize the interest payment of July 1, 2019 and any amortization of discount or premium.

C.

Journalize the accrual of interest on December 31, 2019 and any amortization of discount or premium.

d. Journalize the payment of interest on January 1, 2020.