On February 28, 2018, Marin Corp issues 10%, 5-year bonds payable with a face value of $1,200,000. The bonds pay interest on February 28 and August 31. The company amortizos bond discount using the straight-line method Read the requirements Garc Cash 60,000 Credit c. Accrual of interest and motion of the bond discount on December 31, 2018 (fiscal year-end) Journal Entry 2018 Accounts Debi Doc 31 Interest Expense 42.400 Discount on Bonds Payable Interest Payable Incorrecto 2,400 40.000 1) (10) d. Payment of interest and mortation of the bond discount on February 28, 2019 Journal Entry 2019 Accounts Feb 28 interest Payable Debit Credit 24533 AN Clear all Check