White the journal entries necessary to record the following events January 1, 2018 issued 5600,000 of 5 year, 6% bonds at a price of 98. Interest on the bonds is payable semiannually on July and January 1. The market rate of interest at the time of the issue was 6.5%. The bonds are callable after 1 year at a price of 102 July 1. 2018 Paid semiannual interest on bonds. (Use effective interest rate amortization) Amortization Table Carrying value Cash paid (A) Interest Expense (B) Amortization (A-B) Date July 1 January 1 January 1, 2019 Paid semiannual interest on bonds and, immediately following the payment, called $300,000 of the issue. Date Account Titles Debit Credit