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The Gonzalez Group issued $940,000 of 13% bonds on June 30,2024 , for $1,010,716. - The bonds were dated on June 30 and mature on

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The Gonzalez Group issued $940,000 of 13% bonds on June 30,2024 , for $1,010,716. - The bonds were dated on June 30 and mature on June 30,2044 (20 years). - The market yleld for bonds of similar risk and maturity is 12%. - Interest is paid semiannually on December 31 and June 30 . Required: 1. to 3. Prepare the journal entries to record their issuance by The Gonzalez Group on June 30,2024 , interest on December 31 , 202 and interest on June 30,2025 (at the effective rate). Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the issuance of the bond on June 30,2024. Note: Enter debits before credits

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