Question

Cupola Fan Corporation issued 10%, $530,000, 10-year bonds for $502,000 on June 30, 2018. Debt issue costs were $2,800. Interest is paid semiannually on December 31 and June 30. One year from the issue date (July 1, 2019), the corporation exercised its call privilege and retired the bonds for $512,000. The corporation uses the straight-line method both to determine interest expense and to amortize debt issue costs. Required: Prepare the journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue costs on December 31, 2018 and June 30, 2019 and call of the bonds according to IFRS. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

a. Record the issuance of the bonds. (I got this part correct)

b. Record the payment of interest on Dec 31, 2018. (I am missing the two blanks)

Date	General Journal	Debit	Credit
December 31, 2018	Interest expense
	Bonds payable
	Cash		26,500

c. Record the payment of interest on June 30, 2019. (I am missing the two blanks)

Date	General Journal	Debit	Credit
June 30, 2019	Interest expense
	Bonds payable
	Cash		26,500

d. Record the call of the bonds. ( I am missing the two blanks)

Date	General Journal	Debit	Credit
June 30, 2019	Bonds payable
	Loss on early extinguishment
	Cash		512,000