Oriole Company issued $$636,000$ of $10\%,20-$year bonds on January $1,2020,$ at $103.$ Interest is payable semiannually on July $1$ and January $1.$ Oriole Company uses the straight$-$line method of amortization for bond premium or discount.

Prepare the journal entries to record the following. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

$($a$)$ The issuance of the bonds.

$($b$)$ The payment of interest and the related amortization on July $1,2020.$

$($c$)$ The accrual of interest and the related amortization on December $31,2020.$

Date Account Titles and Explanation

$1/1/20$

$7/1/20$

$12/31/20$

Debit

Credit