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Bigscreen Drive-Ins Ltd, borrowed money by issuing $3,500,000 of 6% bonds payable at 94.5 on July 1, 2018. The bonds are 10-year bonds and pay

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Bigscreen Drive-Ins Ltd, borrowed money by issuing $3,500,000 of 6% bonds payable at 94.5 on July 1, 2018. The bonds are 10-year bonds and pay interest each January 1 and July 1 Read me requirements 1. How much cash did Bigscreen receive when it issued the bonds payable? Joumalize the transaction, Bigscreen received $ when the bonds payable were issued Joumalize the issuance of the bonds payable (Record debits first, then credits Exclude explanations from any ouma entries. Journal Entry Date Accounts Debit Credit Jul Discount on Bonds Payable 3.500.000 Bonds Payable Cash 2. How much must Bigscreen pay back of maturity? When is the maturity date? Al maturity Bigore must pay back 3.500.000 The maturity date is July 1, 2028 3. How much cash interest wil screen pay each six month? Digoren will pay interest of och month 4. How much interest expense wil Breeport each six months Use the strane mortation method Jumatuse there for the world around on December on January 1, 2018 Choose from any it or enter a number in the input fields and then continue to the question Bigscreen Drive-Ins Ltd borrowed money by mouing $3,500,000 of 6% bonos payable at 945 on July 1, 2018. The bonds are 10-year bonds and pay internet each January 1 and July Read the recents Bigscreen will pay interest of each six months 4. How much more expense wil bigscreen report each six months? Use the straight-tino montation method Joumatice the entries for the accrual of interest and anotto of court on December 31 on January 1, 2019 Bigs will reports of interests each six months Journalire the entry for the accrun of interest and amortization of discount on December 31, 2018. (acord dutits first, the credits to explorations from Journal Entry Date Accounts Benit Credit 31 MED Discount on Bonds Payable Interest Postin Dec Jourire the only the payment of on Jan. 2010. Ocord des anciennes Journal Entry Date Art Da Credit Jan Go Choose romuns or enter any otheputed and more on

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