Mitchell Company issued $80,000, 4%, 10-year bonds payable at 96 on January 1, 2024. 6. Journalize...

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Mitchell Company issued $80,000, 4%, 10-year bonds payable at 96 on January 1, 2024. 6. Journalize the issuance of the bonds payable on January 1, 2024. 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024. 8. Assume the bonds payable was instead issued at 102. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. (Record debits first, then credits. Select explanations on the last line of the journal entry.) 6. Journalize the issuance of the bonds payable on January 1, 2024. Date Jan. 11 Accounts and Explanation Debit Credit 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024. Date Jul. 1 Accounts and Explanation Debit Credit 8. Assume the bonds payable was instead issued at 102. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. Start by journalizing the issuance of the bonds payable. Date Jan. 1 Accounts and Explanation Debit Credit Now journalize the payment of the first semiannual interest and amortization of the bond. Date Jul. 1 Accounts and Explanation Debit Credit Mitchell Company issued $80,000, 4%, 10-year bonds payable at 96 on January 1, 2024. 6. Journalize the issuance of the bonds payable on January 1, 2024. 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024. 8. Assume the bonds payable was instead issued at 102. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. (Record debits first, then credits. Select explanations on the last line of the journal entry.) 6. Journalize the issuance of the bonds payable on January 1, 2024. Date Jan. 11 Accounts and Explanation Debit Credit 7. Journalize the payment of semiannual interest and amortization of the bond discount or premium (using the straight-line amortization method) on July 1, 2024. Date Jul. 1 Accounts and Explanation Debit Credit 8. Assume the bonds payable was instead issued at 102. Journalize the issuance of the bonds payable and the payment of the first semiannual interest and amortization of the bond discount or premium. Start by journalizing the issuance of the bonds payable. Date Jan. 1 Accounts and Explanation Debit Credit Now journalize the payment of the first semiannual interest and amortization of the bond. Date Jul. 1 Accounts and Explanation Debit Credit