Adam Company issued $80,000 of 10-year, 9% bonds payable on January 1, 2018. Adam Company pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions. Requirements - X 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 96. 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. erest payment assuming the bonds were issued at ons from any journal entries.) Print Done