The Pearl Company issued $$210,000$ of $9\%$ bonds on January $1,2020.$ The bonds are due January $1,2025,$ with interest payable each July $1$ and January $1.$ The bonds were issued at $96.$

Prepare the journal entries for $($a$)$ January $1,($b$)$ July $1,$ and $($c$)$ December $31.$ Assume The Pearl Company records straight$-$line amortization semiannually. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

No$.$

Date

$($a$)$

$($b$)$

$($c$)$

Account Titles and Explanation

Debit

Cre