On January 1, 2018, Daryl Unimted ssues 7%, 20-year bonds payable with a lece value of $220,000 The bonds ae ssued at 133 and pay interest on June 30 and December 31 Assume bonds payatle ae anorticed uning the straght ne amortaions method) Read the seurements Requirement 1. Journalze the issuance of the bonds on January 1, 2018 (Record debits first then credes Select explanations on the last ine of the pural entry Credt Date Accounts and Explanation Debit 201 0 Regirements Jan 1 t Jounae the ssance of the bond on January 1,2018 2 Jounae he seanal re payeand anoron of bond pre on June 30 20 pemetnd oton of bond 3 Joun 31,29ns 4Joumalize the retrement of the bond at maturity assuming the last intere payment has aeady been recorded (ve e dae Print Done E12-25 (similar to) On January 1, 2018, Daryl Unlimited issues 7% , 20- year bonds payable with a face value of $220,000 The bonds are issued at 103 and pay interest on June 30 and December 31. (As method) Read the requirements Requirement 1, Journalize the issuance of the bonds on January 1, 2018, (Record debits frst, then credits. Seloct explanations on the last line of the journal entry) Date Accounts and Explanation Debit Credit 2018 Requirements Jan 1 1. Jounalize the issuance of the bonds on January 1, 2018 2. Journalize the semiannual interest payment and amortization of bon premium on June 30, 2018 3. Journalize the semiannual interest payment and amortization of bone premium on December 31, 2018. 4. Journalize the retrement of the bond at maturity, assuming the last in payment has already been recorded (Give the date) Done Print