Review the following transactions of Lamire Communications, Inc (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions of Lamire Communications Inc Record debits first, then credits Exclude explanations from any journal entries January 1 2018 Issued 56.000.000 of 8%. 10year bonds payable at 94. Interest payment dates are July 1 and January 1 Journal Entry Accounts Dale Debit Credit 2018 Jan 1 July 1, 2018 Pald semiannual interest and amortized hond discount by the straight line method on the 8% bonds payable Journal Entry 2018 Accounts Debit Credit Date Jul 1 December 31, 2018 Accrued semiannual interest expense and amortized bond discount by the straight-line method on the 8% bonds payable. Journal Entry Choose from any list or enter any number in the input fields and then continue to the next question Review the following transactions of Lamire Communications, Inc. A (Click the icon to view the transactions.) Read the requirements. December 31, 2018: Accrued semiannual interest expense and amortized bond discount by the straight-line method on the 8% bonds payable. Journal Entry Accounts 2018 Debit Credit Date Dec 31 January 1, 2019: Paid semiannual interest. Journal Entry Accounts Debit Credit Date 2019 Jan 1 January 1, 2028: Paid the 8% bonds at maturity Journal Entry Date Accounts Debit Credit 2028 Jan 1 Choose from any list or enter any number in the input fields and then continue to the next question. anuary 1, 2028: Paid the 8% bonds at maturity Journal Entry Accounts Date Debit Credit 2028 Jan 1 Requirement 2. At December 31, 2018, after all year-end adjustments have been made, determine the carrying amount of Lamire's bonds payable, net At December 31, 2018, after all year-end adjustments, the carrying amount of the bonds payable is S Requirement 3. For the six months ended July 1, 2018, determine the following for Lamire a. Interest expense and b. Cash interest paid. What causes interest expense on the bonds to exceed cash interest paid? For the six months ended July 1. 2018 determine the following a. Interest expense is $ b. Cash interest paid is S What causes interest expense on the bonds to exceed cash interest paid? Choose from any list or enter any number in the input fields and then continue to the next question. 8% bonds at maturity. i More Info 2018 Jan Jul Issued $6.000.000 of 8%, 10-year bonds payable at 94. Interest payment dates are July 1 and January 1 1 Paid semiannual interest and amortized bond discount by the straight-line method on the 8% bonds payable. 31 Accrued semiannual interest expense and amortized the bond discount by the straight-line method on the 8% bonds payable. Dec cen of La 1 Paid semiannual interest. af 2019 Jan 2028 Jan 1 Paid the 8% bonds at maturity. e si Expe fashi led Print Done Done is s iss C 1 More Info Requirements Journalize the transactions of Lamire Communications, Inc. 2. At December 31, 2018. after all year-end adjustments have been made, determine the carrying amount of Lamire's bonds payable, net. For the six months ended July 1, 2018. determine the following for Lamire: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid? 3. Print Done nded. Print Done e is $