Simko Company issued $650,000, 6-year, 5 percent bonds on January 1, 2015. The bonds were issued for $605,000. Interest is payable annually on December 31. Using straight-ine amortization, prepare journal entries to record (a) the bond issuance on January 1, 2015, and (b) the payment of interest on December 31, 2015 (lf no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the interest payment on December 31, 2015 Note: Enter debits before credits. " Date General Journal Debit Credit December 31, 2015 interest Expense Discount on Bonds Payable Cash