Lincoln Company issued $40,000 of 10-year, 8% bonds payable on January 1, 2024. Lincoln Company pa method. The company can issue its bonds payable under various conditions. Read the requirements. Requirements 2024 Jul. 1 Interest Expense Discount on Bonds Payable Cash DEVIL 1,800 200 1,600 Requirement 3. Journalize Lincoln Company's issuance of the bonds and first semiannual interest paym Exclude explanations from any journal entries.) Journalize the issuance of the bond payable at 105. Date 2024 Jan. 1 Accounts Debit Credit Help me solve this Etext pages Get more help 1. Joumalize Lincoln Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. 2. Journalize Lincoln Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 90. Explanations are not required. 3. Journalize Lincoln Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 105. Explanations are not required. 4. Which bond price results in the most interest expense for Lincoln Company? Explain in detail. Print Done yon - dits. Clear all Check