Problem 4 Bold Accountants Co. sells $6,000,000 of 10-year, 5% bonds priced to yield 4.5%. The bonds are dated and issued on January 1, 2020, proceeds are 6,239,456. Interest is payable on January 1 and July 1 each year. Bold's year-end is June 30. Prepare entries for the issuance of the bonds; accrual of interest and related amortization on June 30, 2020; payment of interest on July 1, 2020; payment of interest and related amortization on January 1, 2021.