On January 31, 2018, Driftwood Logistics, January 31 and July 31. Driftwood Logistics amortizes bond discounts using the straight-line method. Inc., issued ten-year, 4% bonds payable with a face value of $12,000,000. The bonds were issued at 98 and pay interest on Read the requirement a. Record the issuance of the bond payable on January 31, 2018. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Jan 31 b. Record the payment of semiannual interest and amortization of bond discount on July 31, 2018 on January 31, 2018. Driftwood Logistics, Inc., issued ten year, 4% bonds payable with a face value of $12,000,000. The bonds were issued at 98 and pay interest on January 31 and July 31. Driftwood Logistics amortizes bond discounts using the straight-line method. Read the reguirement c. Record the interest accrual and discount amortization on December 31, 2018. (Do not round intermediary calculations. Only round the amount you input in the cel to the nearest whole dollar.) Journal Entry Accounts Debit Credit Date Dec 31 On January 31, 2018, Driftwood Logistics, January 31 and July 31. Driftwood Logistics amortizes bond discounts using the straight-line method. Inc., issued ten-year, 4% bonds payable with a face value of $12,000,000. The bonds were issued at 98 and pay interest on Read the requirement a. Record the issuance of the bond payable on January 31, 2018. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Date Accounts Debit Credit Jan 31 b. Record the payment of semiannual interest and amortization of bond discount on July 31, 2018 on January 31, 2018. Driftwood Logistics, Inc., issued ten year, 4% bonds payable with a face value of $12,000,000. The bonds were issued at 98 and pay interest on January 31 and July 31. Driftwood Logistics amortizes bond discounts using the straight-line method. Read the reguirement c. Record the interest accrual and discount amortization on December 31, 2018. (Do not round intermediary calculations. Only round the amount you input in the cel to the nearest whole dollar.) Journal Entry Accounts Debit Credit Date Dec 31