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The Gorman Group issued $920,000 of 9% bonds on June 30, 2013, for $1,011,047 The bonds were dated on June 30 and mature on June

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The Gorman Group issued $920,000 of 9% bonds on June 30, 2013, for $1,011,047 The bonds were dated on June 30 and mature on June 30, 2033 (20 years) The market yield for bonds of similar risk and maturity is 8%. Interest is paid semiannually on December 31 and June 30. Required: Complete the below table to record the company's journal entry

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