please explain how its done

Record the journal entries relating to the bonds on January 1, July 1, and December 31, assuming that when the bonds were sold, the market interest rate was 7%. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Round answers to decimal places, eg. 5,275.) Date Account Titles and Explanation Debit Credit Jan 1 Cash 370,000 Bonds Payable 370,000 July 1 Interest Expense Cash 1110 Bonds Payable Dec 31 Interest Expense Cash 1110 Bonds Payable On January 1, 2021, Bonita Corp. issued five-year bonds with a face value of $370,000 and a coupon interest rate of 6%, with interest payable semi-annually. Assume that the company has a December 31 year end and records adjusting entries annually. Click here to view factor tables