On June 30, Doherty Limited issues 9\%, 20-year bonds payable with a face value of $90,000. The bonds are issued at 86 and pay interest on June 30 and Docember 31 (Assume bonds payable are amortized using the straight-line amortization method) Requirements 1. Journalze the issuance of the bonds on June 30 . 2. Journalze the semiannual interest payment and amortization of the bond discount on December 31