tolowing bond transactions On January 1, 2024, Nurses Credit Union (NCU) issued 9%, 20-year bonds payable with lace value of $700,000. These bonds pay interest on June 30 and December 31. The issue price of the bonds is 100th Click the loon to view the bond transactions) (Assume bonds payable are amortized using the straight an amortization method. Recond debits test, then crocits Seled explanations on the test ine of the journal entry. Round your answers to the nearest whole galar) a. Joumate the issuance of the bonds on January 1.2021 Date 2024 Jan 1 Cash Accounts and Explanation Presum on Bonds Payable Bonds Payab Issued bonds at a premium b. Journalize the payment of interest and amortization on June 30, 2004 Date 2024 ain 30 Accounts and Explanation Debit Creat 721000 21,000 More Inte 700000 assuance of the bonds on January 1, 2004 Pay of intrat and amortization on June 30, 2004 e. Payment of interest and amortizaton en December 31, 2004 Debit Credit d. Retreat of the bond at maturity on December 31, 2011 assuming the last at payment has already been recorded Print Done