E9-24A. (Learning Objective 2: Issue bonds payable (discount), pay and accrue interest, and amortize bond discount by the straight-line method) On January 31, 2014, Trapp Logistics, Inc., issued five-year, 3.5% bonds payable with a face value of $6,000,000. The bonds were issued at 96 and pay interest on January 31 and July 31. Trapp Logistics, Inc., amortizes bond discount by the straight-line method. Record (a) issuance of the bonds on January 31, (b) the semiannual interest payment and amortization of bond discount on July 31 and (c) the interest accrual and discount amortization on December 31