2. Analyzing and Reporting Financial Statement Effects of Premium Bond Transactions Assume that on January 1, Comcast issues $500,000 of 5-year, 10% coupon bonds payable, yielding an effective annual interest rate of 8%. Interest is payable semiannually on June 30 and December 31. C) Using +/-, complete Comcast's financial statement effects template a. on bond issuance. LTD Bonds payable, Cash face Add bond premium Bonds payable, net b. on Jun. 30 of the 1" year. #I Retained earnings in B/S Cash Cash in B/S c. semiannual interest payment and premium amortization on Dec. 31 of the 1st year. BEL Interest expense in I/S Bond Payable in B/S Interest expense in I/S Bond Payable in B/S Retained earnings in B/S Cash Cash in B/S Pane Dictate