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The Teal Company issued $330,000 of 7% bonds on January 1, 2020. The bonds are duc January 1, 2025, with interest payable cach July 1 and January 1. The bonds were issued at Prepare the journal entries for (a) January 1, (b) July 1, and (c) December 31. Assume The Teal Company records straight-line amortization semiannually. (Il no entry is required, select "No Entry for the account Lilles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) ite Account Titles and Explanation Debit Credit |