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On Feb 1 2006 Company A issued 10% bonds dated Feb 1, 2006, with a face amount of $200,000. The

On Feb 1 2006 Company A issued 10% bonds dated Feb 1, 2006, with a face amount of $200,000. The bonds sold for #239, 588 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semi annually on July 31 and Jan 31. Company A's fiscal year is the calendar year and they use straight line method of amoritization. Prepare the journal entry to record interest on July 31, 2006. 

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