Current Attempt in Progress

On January $1,2025,$ Stellar Corporation issued $$690,000$ of $9\%$ bonds, due in $10$ years. The bonds were issued for $$736,889,$ and pay interest each July $1$ and January $1.$ The effective$-$interest rate is $8\%.$

Prepare the company's journal entries for $($a$)$ the January $1$ issuance, $($b$)$ the July $1$ interest payment, and $($c$)$ the December $31$ adjusting entry. Stellar uses the effective$-$interest method. $($Round answers to $0$ decimal places, eg$.38,548.$ If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$

$\backslash$table$[[$No$.$ Date,$],[($a$),]]$

Account Titles and Explanation

Debit

Crec

$($a$)$ Cash

$736889$

Discount on Bonds Payable

Bonds Payable

$($b$)$ Interest Expense $$

$$

Discount on Bonds Payable $$

$$

Cash $$

$$

$($c$)$ Interest Expense $$

$$

Discount on Bonds Payable $$

$$

$$

$$

$$