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Luke Corp. issued $2,000,000 of 20 year, calable bonds on July 1 Year 1, with interest payable on June 30 and December 31. The fiscal

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Luke Corp. issued $2,000,000 of 20 year, calable bonds on July 1 Year 1, with interest payable on June 30 and December 31. The fiscal year of the compan is the entry to record the payment of interest on December 31 in the year the bonds were issued 180,000 a. Interest Expense Cash b. Interest Payable 180,000 90,000 90,000 180,000 Cash e. Interest Expense Cash 90,000 90,000 90,000 Interest Expense 90,000

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