On January​ 31, 2021​, Pristar ​Logistics, Inc., issued 10​-year, 5​% bonds payable with a face value of $5,000,000. The bonds were issued at 95 and pay interest on January 31 and July 31. Pristar Logistics amortizes bond discounts using the​ straight-line method. Read the requirementLOADING.... a. Record the issuance of the bond payable on January​ 31, 2021.​ (Record debits​ first, then credits. Exclude explanations from any journal​ entries.) Journal Entry Date Accounts Debit Credit Jan 31 b. Record the payment of semiannual interest and amortization of bond discount on July​ 31, 2021. Journal Entry Date Accounts Debit Credit July 31 c. Record the interest accrual and discount amortization on December​ 31, 2021. ​(Do not round intermediary calculations. Only round the amount you enter into the input field to the nearest whole​ dollar.)
Journal Entry Date Accounts Debit Credit Dec 31