Review the following transactions of Laporte Communications, Inc.: (Click the icon to view the transactions.) Read the requirements Requirement 1. Journalize the transactions of Laporte Communications Inc. (Record debits first, then credits. Exclude explanations from any journal entrie January 1, 2018: Issued $4,000,000 of 7%, 10-year bonds payable at 94. Interest payment dates are July 1 and January 1. Journal Entry Date Accounts Debit Credit 2018 Jan 1 Cash Discount on Bonds Payable Bonds Payable Choose from any list or enter any number in the input fields and then click Check Answer Review the following transactions of Laporte Communications, Inc.: (Click the icon to view the transactions.) X - Read the requirements Requirement I. JUU TANZC uic uansacuums I Laporc COMITI Requirements January 1, 2018: Issued $4,000,000 of 7%, 10-year bonds pay Journal Entry Date Accounts 2018 1. Journalize the transactions of Laporte Communications, Inc. 2. At December 31, 2018, after all year-end adjustments have been made, determine the carrying amount of Laporte's bonds payable, net. 3. For the six months ended July 1, 2018, determine the following for Laporte: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid? Jan 1 Cash Discount on Bonds Payable Bonds Payable Print Done Choose from any list or enter any number in the input fields and then click Check