Wooke Company issues $10\%,$ five$-$year bonds, on January $1$ of this year, with a par value of $$95,000$ and semiannual interest payments.

Use the above straight$-$line bond amortization table and prepare journal entries for the following.

$($a$)$ The issuance of bonds on January $1.$

$($b$)$ The first interest payment on June $30.$

$($c$)$ The second interest payment on December $31.$

Journal entry worksheet

$23$

Record the issuance of the bonds on January $1.$ I need help.