Clark Company issued $80,000 of 10-year, 7% bonds payable on January 1, 2018. Clark 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. Read the requirements Requirement 1. Journalize Clark Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Journalize the issuance of the bond payable at face value. Date Accounts Debit Credit 2018 Jan. 1 Journalize the payment of semiannual inter0 Requirements Date Account 2018 Jul 1 1. Journalize Clark 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 Clark Company's issuance of the bonds and first semiannual Interest payment assuming the bonds were issued at 90. Explanations are not required 3. Journalize Clark Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 107 Explanations are not required 4. Which bond price results in the most interest expense for Clark Company? Explain in detail Jed at 90 Requirement 2. Journalize Clark Company Explanations are not required: (Record del Journalize the issuance of the bond payably Date Account 2018 Print Done Jan. 1 Choose from any list or enter any number in the input fields and then continue to the next