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Review the following transactions of Lamore Communicatons, Inc: (i) (Click the icon to view the transactions.) Resd the reguirements. Requirement. Joumalize the transactons of Lamore
Review the following transactions of Lamore Communicatons, Inc: (i) (Click the icon to view the transactions.) Resd the reguirements. Requirement. Joumalize the transactons of Lamore Communicabons inc, (Record dobits fret, then cedils. Exclude oxplanations Grom any joumar entries) January 1, 2016: Issuod 57,000,000 of 5\%, 10-year bonds payable at 94. Interest peyment datos are July 1 and January 1. Jancuary 1, 2028: Paid the bonds at maturity (ignoce the intorest payment at maturity). 1. Joumalite the transactions of Lamore Cemmunications, ine. 2. Ar December 31, 2018, afler all year-end adusiments have been made, Gelermine tha carrying amount of Lamore's bonde payable, net. 3. For the six morens ended waly 1, 2018, determine the following for Lamort a. thterest expense b. Cash interest paid What causes interest expense en the bonds to exceed cash interest paid
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