Requirements 2. 3. Journalize the following transactions of Dayton Boot Company (Click the icon to view the transactions.) At December 31, 2020, after all year-end adjustments, determine the carrying amount of Dayton's bonds payable, net For the six months ended July 1, 2020, determine the following for Dayton a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid? Requirement 1. Journalize the following transactions of Dayton Boot Company January 1, 2020. Issued $800.000 of 11%, 10-year bonds payable at 99. Interest payment dates are hulu 1 and Transactions 2020 Jan. 1 Issued $800.000 of 11%, 10-year bonds at 99. July 1 Paid semi-annual interest and amortized bonds by the straight-line method on the 11% bonds payable. Dec. 31 Accrued semi-annual interest expense and amortized bonds by the straight-line method on the 11% bonds payable. 2021 Jan. 1 Paid semi-annual interest. 2030 Jan. 1 Paid the 11% bonds at maturity. Print Done - X lanat