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Tysenn Corp. issued 12%, $520,000, 10-year bonds for $493,000 on December 31, 2016. Debt issue...

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Accounting

Tysenn Corp. issued 12%, $520,000, 10-year bonds for $493,000 on December 31, 2016. Debt issue costs were $23,000. Interest is paid semiannually on June 30 and December 31. Prepare the journal entry to record the issuance of the bonds, the payment of interest and amortization of debt issue costs on June 30, 2017 according to IFRS.

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