Requirements 1. Joumalize the following transactions of Sporting Boot Company (Click the icon to view the transactions.) Transactions 2. 3. At December 31, 2020, after all year-ond adjustments, determine the carrying amount of Sporting's bonds pa For the six months ended July 1, 2020, determine the following for Sporting a. Interest expense 2020 b. Cash interest paid Jan 1 What causes interest expense on the bonds to exceed cash interest paid? July Requirement 1. Journalice the following transactions of Sporting Boot Company January 1, 2020 Issued $825,000 of 17%, 10-year bonds payable at 95 Interest payment dates are July 1 and Ja d $825,000 of 17%, 10-year bonds at 95 1 Paid semi annual interest and amortized bonds by the straight line- method on the 17% bonds payable Dec 31 Accrued semi-annual interest expense and amortized bonds by the straight-line method on the 17% bonds payable 2021 Ja 1 Paid semi-annual interest Journal Entry 2030 Accounts Debit Credit Jan 1 Paid the 17% bonds at mataty Date 2020 Jan 1 Choose from any list or enter any number in the input fields and then continue to the next question, Print Done 234 725 P wava