The company can issue its bonds payable under various conditions. Read the Exclude explanations from any journal entries.) Requirements Journalize the issuance of the bond payable at face value. 1. Journalize Clark Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at face value. Explanations are not required. 2. Journalize Clark Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 93 . Explanations are not required. 3. Journalize Clark Company's issuance of the bonds and first semiannual interest payment assuming the bonds were issued at 105. Explanations are not required. 4. Which bond price results in the most interest expense for Clark Company? Explain in detail