On June 30, $150,000 of five-year, 10% Orbite bonds are issued at $138,960 to yield a market

Question:

On June 30, $150,000 of five-year, 10% Orbite bonds are issued at $138,960 to yield a market interest rate of 12%. Interest is payable semi-annually each June 30 and December 31.
(a) Record the purchase of these bonds on June 30 and the receipt of the first interest payment on December 31 on the books of the investor assuming the bonds are to be held to maturity.
(b) Record the issue of the bonds on June 30 and the first interest payment on December 31 on the books of the investee (issuer)?