On January 31, 2018 Logo Logistics, Inc., issued ten-year, 4% bonds payable with a face value of $7,000,000. The bonds were issued at 92 and pay interest on January 31 and July 31. Logo Logistics amortizes bond discounts using the straight-line method. 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. Journal Entry Date Accounts Debit July 31 Credit c. Record the interest accrual and discount amortization on December 31, 2018 Do not round intermediary calculations. Only round the amour Journal Entry Date Accounts Debit Credit Dec 31 Requirement 1. Record (a) the issuance of the bonds on January 31, 2018. (b) the semiannual interest payment and amortization of the bond discount on July 31, 2018, and (c) the interest accrual and discount amortization on December 31, 2018. Print Done