Review the following Transactions pf Trahan Communications Inc

Requirements Journalize the transactions of Trahan Communications, Inc. At December 31, 2018, after all year-end adjustments have been made, determine the carrying amount of Trahan's bonds payable, net. For the six months ended July 1, 2018, determine the following for Trahan: a. Interest expense b. Cash interest paid What causes interest expense on the bonds to exceed cash interest paid? Print Done 2018 Jan Jul 1 Issued $9,000,000 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 1 Paid semiannual interest. 2019 Jan 2028 Jan 1 Paid the 8% bonds at maturity. Print Done Review the following transactions of Trahan Communications, Inc.: (Click the icon to view the transactions.) Read the requirements Requirement 1. Joumalize the transactions of Trahan Communications Inc. (Record debits first, then credits. Exclude explanations from any journal January 1, 2018: Issued $9,000,000 of 8%, 10-year bonds payable at 94. Interest payment dates are July 1 and January 1. Journal Entry Date Accounts Debit Credit 2018 Jan 1 July 1, 2018: Paid semiannual interest and amortized bond discount by the straight-line method on the 8% bonds payable. Journal Entry Date 2018 Accounts Debit Credit 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 Date Accounts Debit Credit 2019 Jan 1 nuary 1, 2008 Paid the bonds at maturity Journal Entry Requirement 2. At December 31, 2018 aralyes and adjustments have been made determine the carrying amount of Trahan's bonds payable net A December 31, 2018, wherw endusent the carrying amount of the bonds payable is $ re expense and b. Cash terested. What causes interest expense on the bonds to exceed cash interest paid? Requirements. For the months and my 1, 2018, termine the following for what a For the six months ended July 1, 2016 determine the following: What expense the bonec c ineret paid Chorony of any number in the outs and then continue to the next