Requirements 1. How much cash did Hubert receive when it issued the bonds payable? Journalize this transaction. 2. How much must Hubert pay back at maturity? When is the maturity date? 3. How much cash interest will Hubert pay each six months? How much interest expense will Hubert report each six months? Use 4. the straight-line amortization method. Journalize the entries for the accrual of interest and the amortization of premium on December 31, 2018, and payment of interest on January 1, 2019. Hubert Company borrowed money by issuing $4,000,000 of 8% bonds payable at 102.1 on July 1, 2018. The bonds are five-year bonds and pay interest each January 1 and July 1. Read the requirements. 1. How much cash did Hubert receive when it issued the bonds payable? Journalize this transaction. Hubert received $ when the bonds payable were issued. Journalize the issuance of the bonds payable. (Record debits first, then credits. Exclude explanations from any journal entries.) Date Jul 1 Journal Entry Accounts Debit Credit 2. How much must Hubert pay back at maturity? When is the maturity date? At maturity, Hubert must pay back $ The maturity date is