Requirements

Journalize the issuance of the bonds on June $30.$

Journalize the semiannual interest payment and amortization of the bond discount on December $31.$

Requirement $1.$ Journalize the issuance of the bonds on June $30.($Record debits first, then credits. Select explanations on the last line of the journal entry.$)$

Requirement $2.$ Journalize the semiannual interest payment and amortization of the bond discount on December $31.($Record debits first, then credits. Select explanations on the last line of the journal entry.$)$