please help me with this question. I added the drop down box so you know what my options are.
Columbus Company issued $40,000 of 10-year, 9% bonds payable on January 1, 2018. Columbus Company pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions. Read the requirements Requirement 1. Journalize Columbus Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Joumalize the issuance of the bond payable at face value. Date Accounts Debit Credit 2018 Jan. 1 Cash Journalize the payment of semiannual interest when the bonds are issued at face value Date Accounts Debit Credit 2018 Jul 1 Choose from any list or enter any number in the input fields and then continue to the next question. Save for Later Columbus Company issued $40,000 of 10-year, 9% bonds payable on January 1, 2018. Columbus Company pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions Read the requirements Requirement 2. Journalize Columbus Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 96. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Joumalize the issuance of the bond payable at 96. Date Accounts Debit Credit 2018 Jan. 1 Joumalize the payment of semiannual interest when the bonds are issued at 96. Date Accounts Debit Credit 2018 Jul 1 Choose from any list or enter any number in the input fields and then continue to the next question. Columbus Company issued $40,000 of 10 year, 9% bonds payable on January 1, 2018. Columbus Company pays interest each January 1 and July 1 and amortizes discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions. Read the requirements Requirement 3. Journalize Columbus Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 108. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Journalize the issuance of the bond payable at 108 Date Accounts Debit Credit 2018 Jan. 1 Joumalize the payment of semiannual interest when the bonds are issued at 108. Date Accounts Debit Credit 2018 Jul. 1 Choose from any list or enter any number in the input fields and then continue to the next question Save for Later Columbus Company issued $40,000 of 10-year, 9% bonds payable on January 1, 2018. Columbus Company pays interest each January 1 and July 1 and amortize discount or premium by the straight-line amortization method. The company can issue its bonds payable under various conditions. Read the requirements ZUTU Jan. 1 Journalize the payment of semiannual interest when the bonds are issued at 108 Date Accounts Debit Credit 2018 Jul, 1 Requirement 4. Which bond price results in the most interest expense for Columbus? Explain in detail The V must be amortized over the life of the bond, resulting in interest expense results in the most interest expense. The the amount of interest actually paid. Choose from any list or enter any number in the input fields and then continue to the next question. ,000 of 10-year, 9% bonds payable on January 1, 2018. Columbus Company pays interest each January 1 a ight-line amortization method. The company can issue its bonds payable under various conditions. umbu Reco X s were iss Requirements sond AC 1. Journalize Columbus Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. 2. Journalize Columbus Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 96. Explanations are not required. 3. Journalize Columbus Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 108. Explanations are not required. 4. Which bond price results in the most interest expense for Columbus Company? Explain in detail. AC Print Done rany number in the input fields and then continue to the next question. umbus Company issued $40,000 of 10-year, 9% bonds payable on January zount or premium by the straight-line amortization method. The company can ad the requirements. aquirement 1. Journalize Columbus Company's issuance of the bonds and firs planations are not required. (Record debits first, then credits. Exclude explanat purnalize the issuance of the bond payable at face value. Date Accounts Debit 2018 Jan. 1 Cash e issued at face Bonds Payable Cash Journalize t Di Discount on Bonds Payable Date Interest Expense Premium on Bonds Payable 2018 Jul. 1 Debit Choose from any list or enter any number in the input fields and then continue Save for Later
