x i More Info a. Issuance of the bonds on January 1, 2018. b. Payment of interest and amortization on June 30, 2018. c. Payment of interest and amortization on December 31, 2018. d. Retirement of the bond at maturity on December 31, 2037, assuming the last interest payment has already been recorded. Print Done On January 1, 2018, Professors Credit Union (PCU) issued 9%, 20-year bonds payable with face value of $200,000. These bonds pay interest on June 30 and December 31. The issue price of the bonds is 107. Joumalize the following bond transactions Click the icon to view the bond transactions) (Assume bonds payable are amortized using the straight-line amortization method. Record debits first, then credits. Select explanations on the last line of the journal entry. Round your answers to the nearest whole dollar) a. Journalize the issuance of the bonds on January 1, 2018. Date Accounts and Explanation Debit Credit 2018 Jan 1 b. Joumalize the payment of interest and amortization on June 30, 2018 Date Accounts and Explanation Debit Credit 2018 Jun 30 Credit c. Journalize the payment of interest and amortization on December 31, 2018 Date Accounts and Explanation Debit 2018 Dec 31 d. Joumalize the retirement of the bond at matunity on December 31, 2037, assuming the last interest payment has already been recorded. Date Accounts and Explanation Debit Credit 2037 Dec. 31 Bonds Payable Cash Discount on Bonds Payable Interest Expense aliz Premium on Bonds Payable 18 aliz 1E Issued bonds at a discount. Issued bonds at a premium. Issued bonds at face value. Paid semiannual interest and amortized discount. Paid semiannual interest and amortized premium. Retired bonds payable at maturity