1 of 1 (1 complete) This Qui January 1, 2018, Professors Credit Union (PCU) issued 7%, 20-year bonds payable with face value of $100,000. The bonds pay interest on June 30 and December 31 ad the requirements Cash Pald semiannual interest and amortized discount Requirements Date Credit . Journalize the payment of interest and amortization on December 31, 2018 Accounts and Explanation Debit 2018 Des 31 Interest Expense Premium on Bord Payable 1. 2 the market interest rate is 6% when PCU issues bonds will the bond be prodalice value, al a premium, or at a discount? Explain the market interest rates when PCU issues to bonds, will the bonds be priced at face value at a premium or at a discount? Explain The issue price of the bonds is our the wing bond transactions a suance of the bond on January 1, 2018 b. Payment of interest and amortization on Aune 30, 2018 6. Payment of interest and amortization on December 31, 2018 d. Retirement of the bond on December 31, 2007. aug usti d. Retirement of the bond at maturity on December 31, 2037, assuming the strest payment has ready Accounts and Explanation Print Dore Dec 31 Choose from y our enter any number in the input