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Poliver Company issued an $800,000, 7% 10 year bond payable at face value on January 1, 2018. Interest is paid semiannually on January 1 and

Poliver Company issued an $800,000, 7% 10 year bond payable at face value on January 1, 2018. Interest is paid semiannually on January 1 and July 1.
Requirements 1: Journalize the issuance of the bond payable on January 1, 2018.
Requirenmnt 2: Journalize the payment of semiannually interest on July 1, 2018.
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Requirement 1. Journalize the issuance of the bond payable on January 1, 2018. (Record debits first, then credits. Select explanation Accounts and Explanation Debit Date Credit 2018 Jan. 1

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