申論題

(20%)四、 Walker Corporation issued 14%, 5-year bonds with a par value of $5,000,000 on January 1， 2009. Interest is to be paid semiannually on each June 30 and December 31. The bonds are issued at $5,368,035 cash when the market rate for this bond is 12%.

(4) Assume instead that Walker uses the straight-line method of amortization of any discount or premium on bonds. Prepare the general journal entry to record the first semiannual interest payment on June 30，2009.