Ivanhoe Corporation issued $1.86 million of 5-year, 3% bonds dated January 1,2024, at 100. Interest...

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Accounting

Ivanhoe Corporation issued $1.86 million of 5-year, 3% bonds dated January 1,2024, at 100. Interest is payable semi-annually on January 1 and July 1. Ivanhoe has a December 31 year end.
Prepare the journal entry to record thisale of these bonds on January 1,2024.(List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)Prepare the journal entry to record the first interest payment on July 1,2024.(List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)Prepare the adjusting journal entry on December 31,2024, to accrue the interest expense. (List debit entry before credit entry.
Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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