Required information [The following information applies to the questions displayed below.) Ike issues $160,000 of 13%, three-year bonds dated January 1, 2021, that pay interest semiannually on June 30 and December 31. They are issued at $163,940 when the market rate is 12%. 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet < 1 2 > Record the first interest payment on June 30. Note: Enter debits before credits. Date General Journal Debit Credit June 30 Record entry Clear entry View general journal Journal entry worksheet < 1 2 Record the second interest payment on December 31. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journal

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