HW 9 # 4

Review the following transactions of Laroux Communications, Inc: 2. (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions of Laroux Communications Inc. (Record debits first, then credits. Exclude explanations from any joumal entries.) January 1,2021 : Issued $5,000,000 of 6%,10-year bonds payable at 96 . Interest payment dates are July 1 and January 1 . 0-year bonds payable at 96 . Interest payment dates are July 1 and January 1. Journal Entry More info ctions of Laroux Communications Inc. (Record debits first, then credits. Exclude explanations from any joumal entries.) 6%, 10-year bonds payable at 96 . Interest payment dates are July 1 and January 1. Requirements 1. Journalize the transactions of Laroux Communications, Inc. 2. At December 31,2021 , after all year-end adjustments have been made, determine the carrying amount of Laroux's bonds payable, net. 3. For the six months ended July 1,2021 , determine the following for Laroux: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid? click the icon to view the transactions.) the requirements. uirement 1. Journalize the transactions of Laroux Communications Inc. (Record debits first, then credits. Exclude expla Iary 1,2021 : Issued $5,000,000 of 6%,10-year bonds payable at 96 . Interest payment dates are July 1 and January 1