%E9-23A (similar to) Question Help Clark, Inc., issued $100,000 of 20-year, 6 percent bonds payable on January 1. Clark, Inc., pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. Clark, Inc., can issue its bonds payable under various conditions: (Click the icon to view the conditions.) Read the requirements. Journal Entry Accounts Date Debit Credit Jul 1 Interest expense 3,250 Discount on bonds payable Cash 250 3,000 c. Record the issuance at a price of $105,000 when the market rate was below 6 percent. Journal Entry Date Accounts Debit Credit Jan 1 Choose from any list or enter any number in the input fields and then click Check Answer. 2 parts 2 remaining Clear All Check Answer % P9-38A (similar to) Question Help The following transactions of Brewton Marine Supply occurred during 2018 and 2019: (Click the icon to view the transactions.) Requirement 1. Record the transactions in the company's journal. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries. Round amounts to the nearest whole dollar.) oama) Date Accounts Debit Credit Apr 30, 2018 240,000 Cash Notes payable, long-term 240,000 Aug 3: Paid the six-month, 9% note at maturity. Journal Entry Date Accounts Debit Credit Aug 3, 2018 Choose from any list or enter any number in the input fields and then click Check Answer. parts Clear All remaining Check