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MJ I SL. 100 pis possible AN On June 30, Durkin Limited issues 8%, 20-year bonds payable with a face value of $120,000. The bonds are issued at 86 and pay interest on June 30 and December 31. (Assume bonds payable are amortized using the straight-line amortization method.) Requirements 1. Journalize the issuance of the bonds on June 30. 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31. My que Requirement 1. Journalize the issuance of the bonds on June 30. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Date Accounts and Explanation Debit Credit Jun. 30 Requirement 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Date Accounts and Explanation Credit Dec. 31 ABOUT CHEGO Become a Tutor Chegg For Good College Marketing Choose from any list or enter any number in the input fields and then continue to the next question. Development Investor Relations MacBook Pro Requirement 2. Journalize the semiannual interest payment and amortization of the bond discount on December 31. (Record debits first, then credits. Select explanations on the last line of the journal entry.) Date Accounts and Explanation Debit Credit Dec. 31 Choose from any list or enter any number in the input fields and then continue to the next question. 2? O LWP 13 = MacBook esc

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