JE$2$: Prepare journal entry to record bond interest payment on July $1$st$.$

$\backslash$table$[[$Date$,$Account $/$ Description,Dr$.,$Cr$.],[,,,],[,,,],[,,,],[,,,],[$JE$3$: Prepare journal entry accrual of interest expense December $31$st$,,,],[$Date$,$Account $/$ Description,Dr$.,$Cr$.],[,,,],[,,,],[,,,]]$

JE$4$: Prepare journal entry to pay interest January $2,$ year$2$

$\backslash$table$[[$Date$,$Account$/$Description$,$Dr$.,$Cr$.],[,,,],[,,,],[,,,],[,,,]]$

Redeem Bonds @ $102$ on July $1$st year #$2$ assuming Bond Interest payment has been made.

$\backslash$table$[[$Date$,$Account$/$ Description,Dr$.,$Cr$.],[,,,],[,,,],[,,,],[,,,]]$Xerox Company Issues

$ $3,000,000$

$6\%$

$4$ year Bonds at $105$

Interest is payable on July $1$st and January $1$st$.$ Straight$-$line method is used for bond discount$/$premium$.$

Prepare the bond amortization schedule.

$($Round to the nearest dollar.$)$

JE$1$: Prepare journal entry for sale of the bonds January $1,$ year$1.$ Explanation adequate to calculate Bond value

JE$2$: Prepare journal entry to record bond interest payment on July $1$st$.$