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(The following information applies to the questions displayed below.) Ike Issues $110,000 of 9%, three year bonds dated January 1, 2019, that pay interest semiannually

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(The following information applies to the questions displayed below.) Ike Issues $110,000 of 9%, three year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $112,881. When the market rate is 8%. 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet

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