Homework: Chapter 12 Score: 0.25 of 1 pt E12B-31 (similar to) Review the following three bonds payable assumptions (Click the icon to view the bond assumptions.) Save 11 of 11 (9 complete) HW Score: 55.24%, 6.08 of 11 pts Question Help Journalize issuance of the bond and the first semiannual interest payment under each of the three assumptions. The company amortizes bond premium and discount by the effective-interest amortization method. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries. Round your final answers to the nearest whole dollar) of Date Accounts Interest Expense Cash is Debit Credit 5,810 5,810 Assumption 2. Same bonds payable as in assumption 1, but the market interest rate is 16%. The present value of the bonds at issuance is $74,888 Journalize the issuance of the bonds when the market interest rate is 16% sin sin Date (S Accounts Debit Credit Choose from any list or enter any number in the input fields and then click Check Answer C3 parts remaining Clear All Check Answer