Question 18 10 pts For this question, you will need to do the following Download the attached document Journal - Question 18.xlsx and save to your computer. Complete the problem on your computer. Once completed you will need to upload the document back to Canvas. Question 18 - Journalize the following transactions AB Corporation issues $5,000,000 of 5 year, 6% bonds at a market rate of 8% receiving cash of $4,594,435. Interest is paid semiannually. 1. Journalize issuance of bonds on July 1, 2019. 2. Journalize interest payment on December 31, 2019. include amortization of Bond Premium or Bond Discounts using straight line. 3. What is the carrying value that should be reported on the Balance Sheet for December 31, 2019. Please provide the detail below. Upload Choose a File CHART OF ACCOUNTS CASH ACCOUNTS RECEIVABLE INTEREST RECEIVABLE EQUIPMENT ACCUMULATED DEPRECIATION - EQUIPMENT TRUCK ACCUMULATED DEPRECIATION - TRUCK LAND INVESTMENT IN BONDS INVESTMENTS - (NAME) VALUATION ALLOWANCE FOR TRADING INVESTMETNTS ACCOUNTS PAYABLE BONDS PAYABLE INTEREST PAYABLE CASH DIVIDENDS PAYABLE DISCOUNT ON BONDS PAYABLE PREMIUM ON BONDS PAYABLE COMMON STOCK PREFERRED STOCK PAID IN CAPITAL IN EXCESS OF PAR - COMMON STOCK PAID IN CAPITAL IN EXCESS OF PAR - PREFERRED STOCK TREASURY STOCK PAID IN CAPITAL FROM SALE OF TREASURY STOCK CASH DIVIDENDS STOCK DIVIDEND RETAINED EARNINGS SALES INTEREST REVENUE DIVIDEND REVENUE GAIN ON REDEMPTION OF BONDS GAIN ON SALE OF INVESTMENTS INCOME OF (NAME OF CORPORATION) UNREALIZED GAIN (LOSS) ON AVAILABLE FOR SALE INVESTME UNREALIZED GAIN (LOSS) ON TRADING INVESTMENTS ORGANIZATIONAL EXPENSES INTEREST EXPENSE AMORTIZATION EXPENSE COST OF MERCHANDISE SOLD LOSS ON REDEMPTION OF BONDS LOSS ON SALE OF INVESTMENTS RENT EXPENSE SALARIES EXPENSE SUPPUES EXPENSES