%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 LILY Date Accounts Debit Credit Jan 1 Cash Discount on bonds payable Bonds payable 90,000 10,000 100,000 b. Record the payment of semiannual interest when the bonds are issued at a price of $90,000 and the market rate was above 6 percent. (Round to the nearest whole number.) No Journal Entry Date Accounts Debit Credit Jul Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts 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.) vvurmur TTY Date Credit Accounts Sales tax payable Debit 5,040 Mar 7, 2018 Cash 5,040 Apr 30: Borrowed $240,000 on a four-year, 7% note payable that calls for annual payment of interest each April 30. Journal Entry Date Accounts Debit Credit Apr 30, 2018 Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check