Homer Company borrowed money by issuing $4,000,000 of 5% bonds payable at 101.8 on July 1, 2018. The bonds are five-year bonds and pay interest each January 1 and July 1. Read the requirements 1. How much cash did Homer receive when it issued the bonds payable? Journalize this transaction. Homor received when the bonds payable were issued Requirements - 1. 2. 3. 4. How much cash did Homer receive when it issued the bonds payablo? Journalize this transaction How much must Homer pay back at maturity? When is the maturity date? How much cash interest will Ho pay each six months? How much interest expense will Homer report each six months? Use the straight-line amortization method. Journalize the entries for the accrual of interest and the amortization of premium on December 31, 2018, and payment of interest on January 1, 2019 Print Done