Question 2 Partially correct Mark 15.00 out of 24.00 Flag question Bonds Payable Journal Entries; Effective Interest Amortization On December 31, 2011, Daggett Company issued $800,000 of ten-year, 9% bonds payable for $750,232, yielding an effective interest rate of 10%. Interest is payable semiannually on June 30 and December 31. Prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on June 30, 2012, and (c) the semiannual interest payment and discount amortization on December 31, 2012. Round amounts to the nearest dollar. Debit Credit $ 0 Ox $ 0 x 0 General Journal Date Description a.) Dec.31 Cash Discount on Bonds Payable Bonds Payable To record issuance of bonds. . b.) Jun.30 Bond Interest Expense Discount on Bonds Payable Cash 0 0x OX 0 0 0 x To record semiannual interest payment and discount amortization. OX 0 0 OX Dec.31 Bond Interest Expense Discount on Bonds Payable Cash To record semiannual interest payment. Check Partially correct Marks for this submission: 15.00/24.00