Help Save & Exit Required information [The following information applies to the questions displayed below.) A company issues $280,000 of 13%, three-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $286,895. When the market rate is 12%. Use the effective interest method. 4. Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet 1 2 Record the first interest payment on June 30. Note: Enter debits before credits Debit Credit General Journal Date na 30 Required information [The following information applies to the questions displayed below.) A company issues $280,000 of 13%, three-year bonds dated January 1, 2019, that pay interest semiannual on June 30 and December 31. They are issued at $286,895. When the market rate is 12%. Use the effective interest method. - Prepare the journal entries to record the first two interest payments. View transaction list Journal entry worksheet 1 2 Record the second interest payment on December 31. Note: Enter debits before credits Debit Credit Date General Journal December 31