On January 1, the first day of the fiscal year, Designer Fabric Inc. Issues a $300,000, 4%, 10-year bond that pays semiannual interest of $6,000 ($300,000 x 4% x year), receiving cash of $300,000. Journalize the entries to record (a) the issuance of the bonds, (b) the first interest payment on June 30, and (c) the payment of the principal on the maturity date of December 31 on page 11. Refer to the Chart of Accounts for exact wording of account titles