Datil, Inc., issued $150,000 of 3-year, 8 percent bonds payable on January 1. Datil, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Datil, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements. Requirement 1. Journalize Datil's issuance of the bonds and first semiannual interest payment for each situation. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Record the issuance of the bonds payable at par value. Journal Entry Accounts Date Debit Credit Jan 1 a. Record the payment of semiannual interest when the bonds are issued at par. Journal Entry Date Accounts Debit Credit Jul 1 Choose from any list or enter any number in the input fields and then continue to the next question. Datil, Inc., issued $150,000 of 3-year, 8 percent bonds payable on January 1. Datil, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Datil, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements Accounts Debit Credit Date Jul 1 b. Record the issuance at a price of $110,000 when the market rate was above 8 percent Journal Entry Date Accounts Debit Credit Jan 1 b. Record the payment of semiannual interest when the bonds are issued at a price of $110.000 and the market rate was above 8 percent. (Round to the nearest whole number.) Choose from any list or enter any number in the input fields and then continue to the next question. Dalil, Inc., issued $150,000 of 3-year, 8 percent bonds payable on January 1. Datil, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Datil, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements. c. Record the issuance at a price of $160,000 when the market rate was below 8 percent. Journal Entry Accounts Date Debit Credit Jan 1 c. Record the payment of semiannual interest when the bonds are issued at a price of $160,000 when the market rate was below 8 percent. (Round to the nearest whole number.) Journal Entry Accounts Date Debit Credit Jul 1 Choose from any list or enter any number in the input fields and then continue to the next question. Journal Entry Date Accounts Debit Credit Jul 1 Requirement 2. Which condition results in the most interest expense for Datil, Inc.? Explain in detail - The I results in the most interest expense. The reason for this is because Dalil Choose from any list or enter any number in the input fields and then continue to the next question. i More Info ued at number.) Debit a. Issuance at par value b. Issuance at a price of $110,000 when the market rate was above 8 percent c. Issuance at a price of $160,000 when the market rate was below 8 percent Print Done for Datil, Inc.? Explain in detail. Datil, Inc., issued $150,000 of 3-year, 8 percent bonds payable on January 1. Datil, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Datil, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements. Requirement 1. Journalize Datil's issuance of the bonds and first semiannual interest payment for each situation. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) a. Record the issuance of the bonds payable at par value. Journal Entry Accounts Date Debit Credit Jan 1 a. Record the payment of semiannual interest when the bonds are issued at par. Journal Entry Date Accounts Debit Credit Jul 1 Choose from any list or enter any number in the input fields and then continue to the next question. Datil, Inc., issued $150,000 of 3-year, 8 percent bonds payable on January 1. Datil, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Datil, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements Accounts Debit Credit Date Jul 1 b. Record the issuance at a price of $110,000 when the market rate was above 8 percent Journal Entry Date Accounts Debit Credit Jan 1 b. Record the payment of semiannual interest when the bonds are issued at a price of $110.000 and the market rate was above 8 percent. (Round to the nearest whole number.) Choose from any list or enter any number in the input fields and then continue to the next question. Dalil, Inc., issued $150,000 of 3-year, 8 percent bonds payable on January 1. Datil, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Datil, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements. c. Record the issuance at a price of $160,000 when the market rate was below 8 percent. Journal Entry Accounts Date Debit Credit Jan 1 c. Record the payment of semiannual interest when the bonds are issued at a price of $160,000 when the market rate was below 8 percent. (Round to the nearest whole number.) Journal Entry Accounts Date Debit Credit Jul 1 Choose from any list or enter any number in the input fields and then continue to the next question. Journal Entry Date Accounts Debit Credit Jul 1 Requirement 2. Which condition results in the most interest expense for Datil, Inc.? Explain in detail - The I results in the most interest expense. The reason for this is because Dalil Choose from any list or enter any number in the input fields and then continue to the next question. i More Info ued at number.) Debit a. Issuance at par value b. Issuance at a price of $110,000 when the market rate was above 8 percent c. Issuance at a price of $160,000 when the market rate was below 8 percent Print Done for Datil, Inc.? Explain in detail