Answer:
Please refer to detail explanation below to see the accounting treatment at date of issuance of bond and on date of semi-annual payment of interest.
Explanation:
As information is missing it is assumed that record mean book entry and coupon rate is equal to market Rate i.e. 8%.
On the date of issuance (Jan-01,2018) the company will pass following entry i.e.
Debit Cash Asset     2400000$
Credit Bond Liability  2400000$
On the date of Interest payment semiannual (June-30,2018) the company will pass following entry i.e.
Debit Interest expense     96000$
Credit Cash Asset         96000$
On the date of Interest payment semiannual (December-31,2018) the company will pass following entry i.e.
Debit Interest expense     96000$
Credit Cash Asset         96000$
(Interest calculation 2400000*8/2= 96000) Semi annually
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