Required information [The following information applies to the questions displayed below.] A company issues $230,000 of 9%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $236,025. When the market rate is 8%. Use the effective interest method. 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet 1 2 Record the first interest payment on June 30. Note: Enter debits before credits. Date June 30 General Journal Debit Credit View general journal Record entry Clear entry