Adam Company issued $80,000 of 10 -yoar, 6% bonds payable on January 1,2024 . Adam Company pays inserest each January 1 and July 1 and amorizes disoount or premum by the straght-ine amorization method. The compary can issue is bonds payable under various conditiona. Read the requirements. debits first, then credits. Exduct explanations from any journal entrete.) Journaitee the issuance of the bond paysble at tace value. ent 1. Journaliz then credits. E Requirements the issuance of 1. Journalize Adam Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. 2. Journalize Adam Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 91 . Explanations are not required. 3. Journalize Adam Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 104. Explanations are not required. 4. Which bond price results in the most interest expense for Adam Company? Explain in detail