Exercise $10-2($Algo$)$ Recording bond issuance at par, interest payments, and bond maturity LO P$1$

Brussels Enterprises issues bonds at par dated January $1,2021,$ that have a $$3,000,000$ par value, mature in four years, and pay $8\%$ interest semiannually on June $30$ and December $31.$

Record the entry for the issuance of bonds for cash on January $1.$

Record the entry for the first semiannual interest payment and the second semiannual interest payment.

Record the entry for the maturity of the bonds on December $31,2024($assume semiannual interest is already recorded$).$