ccounting Chapter 10 Homework Ch 10 QUESTION 5 Incomplete answer Marked out of 200 F Flag question Bonds Payable Journal Entries: Effective InterestAmortization On December 31, 2014, Coffey Company issued $300,000 of 10 year, ten percent bonds payable for $340,771. yielding an effective interest rate of eight percent. Interest is payable semiannually on June 30 and December 31. Prepare journal entries to reflect (a)the issuance of the bonds, (b) the semiannual interest payment and premium amortization (effective interest method on June 30, 2015. and (c) the semiannual interest payment and premium amortization on December 31, 2015. Round amounts to the nearest dollar