On January 1,2024 , a company issues $800,000 of 8% bonds, due in ten years, with interest payable semiannually on June 30 and December 31 each year. The bonds will issue at $800,000. Required: Record the bond issue on January 1, 2024, and the first two semiannual interest payments on June 30,2024 , and December 31 , 2024. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.)