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Journalize the following transactions for Davis. Include an explanation for each entry a. Issuance of the bonds payable at par on July 1, 2021 b.

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Journalize the following transactions for Davis. Include an explanation for each entry a. Issuance of the bonds payable at par on July 1, 2021 b. Accrual of interest expense on December 31, 2021 c. Payment of cash interest on January 1, 2022 d. Payment of the bonds payable at maturity (give the date) (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Das Corp issued 55w year bonds payable with a face out of $120.000 win the market boost was 85% Descend on December 31 The bonds paymeston Janary und July 1 Read the regulament ance of the bonds payable al paro y 1 2021 Journal Entry Date Accounts and Explanations 3021 Debit Credit 1

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