On June 30 , Doherty Limited issues 7%,20-year bonds payable with a face value of $130,000. The bonds are issued at 90 and pay interest on June 30 and December 31. (Assume bonds payable are amortized using the straight-line amortization method.) Requirements 1. Journalize the issuance of the bonds on June 30 . 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31 . Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits, Select explanations on the last line of the journal entry.) On June 30 , Doherty Limited issues 7%,20-year bonds payable with a face value of $130,000. The bonds are issued at 90 and pay interest on June 30 and December 31. (Assume bonds payable are amortized using the straight-line amortization method.) Requirements 1. Journalize the issuance of the bonds on June 30 . 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31 . Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits, Select explanations on the last line of the journal entry.)