Part 6 (18 points) On January 1, Olive Monye issued $300,000 of 5%, 3-year bonds to Bryce Wiltbank for $291.874. Interest will be paid every 6 months, and the effective (market) rate of interest is 6%. Prepare journal entries (round to whole $) for: a) issuance on January 1 b) interest expense and payment on July 1 under the straight-line method c) what the July 1 entry would have been under the effective interest method Account Title Debit Credit Date Jan 1 a) b) July 1 c) July 1