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On January 1,2022 , Gibson Company issues $5,000,000 of 10 year bonds at an issuance...

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Accounting

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On January 1,2022 , Gibson Company issues $5,000,000 of 10 year bonds at an issuance price of 98 . The bonds pay interest on June 30 and December 31. The stated interest rate in 9%. Make the journal entries for: January 1, 2021 June 30,2021 December 31,2021 June 30, 2022 December 31,2022 December 31,20212080 when the bonds mature

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