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On June 30, Power Company hason 7, Hive your bonds payable with at tace value of $140,000. The bondi a koed at face value and

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On June 30, Power Company hason 7, Hive your bonds payable with at tace value of $140,000. The bondi a koed at face value and pay interest on June 30 and December 31 Requirements Joumalize the issuance of the bonds on Juno 30 Journalize the semiannual interest payment on December 31 1. 2. Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits. Select explanations on the lasting of the joumal entry) Date Accounts and Explanation Debit Credit Jun 30

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