Snap Company issues $10\backslash \%,$ five$-$year bonds, on January $1$ of this year, with a par value of $\backslash$$$110,000$ and semiannual interest payments.

Use the above bond amortization table and prepare journal entries to record $($a$)$ the issuance of bonds on January $1,($b$)$ the first interest payment on June $30,$ and $($c$)$ the second interest payment on December $31.$

Journal entry worksheet

Record the issuance of the bonds.

Note: Enter debits before credits.