Question: January 1 , 2 0 2 4 , Nurses Credit Union ( NCU ) issued 7 % , 2 0 - year bonds payable with

January 1,2024, Nurses Credit Union (NCU) issued 7%,20-year bonds payable with face value of $1,100,000. These bonds pay interest on June 30 and December The issue price of the bonds is 102. Journalize the following bond transactions:
(Click the icon to view the bond transactions.)
Assume bonds payable are amortized using the straight-line amortization method. Record debits first, then credits. Select explanations on the last line of the journal ntry. Round your answers to the nearest whole dollar.)
Paid semiannual interest and amortized premium.
d. Joumalize the retirement of the bond at maturity on December 31,2043, assuming the last interest payment has already been recorded.
\table[[Date Accounts and Explanation,],[Dec.31,],[2043,]]
 January 1,2024, Nurses Credit Union (NCU) issued 7%,20-year bonds payable with

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