On January 1, 2018. Profession Credit Union PO 20-yearbonate with 500.000 These December 31. The price of the bonds 100 Jumate following to con rede bordspytle as anotado conto che y Round you to Jomate them of the bones on it.2011 Date Accounts and explanatice Debe Cru 2016 Promo Bonde Pata Choose from any intorno anumber in the routs and then click Check part roman i More Info a. Issuance of the bonds on January 1, 2018. b. Payment of interest and amortization on June 30, 2018. c. Payment of interest and amortization on December 31, 2018. d. Retirement of the bond at maturity on December 31, 2037, assuming the last interest payment has already been recorded. Print Done On January 1, 2018 Professors Credit Union (PCU) issued 9%. 20-year bonds payable with face value of $500,000. These bonds pay interest on June 30 and December 31. The issue price of the bonds is 103. Journalize the following bond transactions: Click the icon to view the bond transactions.) Assume bonds payable are amortized using the straight-line amortization method. Record debits first, then credits. Select explanations on the last line of the journal entry. Round your answers to the nearest whole dolar) Debit Credit a. Joumalize the issuance of the bonds on January 1, 2018 Date Accounts and Explanation 2018 Jan 1 Cash Bonds Payable Premium on Bonds Payable 500,000 Issued bonds at a premium