Page 2 of 2 September 1, 2018, Sam's Shoe Co. issued S350,00 8% bonds that were dated July 1, 2018. On pay interest semiannually on January 1 and July 1 of each year. The bonds were sold at ne face amount. How much cash did Sam's receive upon sale of the bonds? the 5. On March 1. DK Company issued at par SI 00,000, 8%, l0 year bonds to Bell Company. The bonds were dated January 1. Semi-annual interest is paid on January 1 and July 1. 1) Prepare the appropriate entries on March 1 for DK Company. 2) Prepare the appropriate entries on March 1 for Bell Company 3) Prepare the July 1 entry for DK Company. 4) Prepare the July 1 entry for Bell Company 6. On May 1 , 2018, Way Corporation issued $1,000,000 of 1 1 % bonds, dated January 1, 2018, for $975,000 plus accrued interest. The bonds mature on December 31, 2034, and pay interest semiannually on June 30 and December 31. Way's fiscal year ends on December 31 each year. Required: 1. Determine the amount of accrued interest that was included in the proceeds received from the bond sale. Show calculations. 2. Prepare the journal entry for the issuance of the bonds