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South Carina Beach Company has 5%, 10-year bonds payable that mature on June 30, 2028. The bonds are issued on June 3 201 and Soun

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South Carina Beach Company has 5%, 10-year bonds payable that mature on June 30, 2028. The bonds are issued on June 3 201 and Soun Caro na Beach pays nterest each lu and December 31 Read the teguirements Requirement 2. South Carolina Beach issued $300,000 of the bonds at 86. Round all calculations to the nearest dolar a. Record issuance of the bonds on June 30, 2018. (Record debits first, then credits Select explanations on the last line of the journal entry Round your answers to the nearest whole dolliar Date 2018 (a) Jun. 30 Accounts and Explanation Debit Credit

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