Question: for homework can u provide each answer and show the work to each of the questions needed for part a and b thanks On January




On January 1, 2018, Electricians Credit Union (ECU) issued 8\%, 20-year bonds payable with face value of $400,000. The bonds pay interest on June 30 and December 31 . The issue price of the bonds is 104. Journalize the following bond transactions: 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. a) Journalize issuance of bonds on January 1,2018 . b). Payment of semiannual interest \& amortization of bond premium on June 30, 2018. Semiannual premium amortization = Semiannual interest payment = Semiannual interest expense = \begin{tabular}{|l|c|c|c|} \hline Date & Account \& Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} c) Payment of semiannual interest \& amortization of bond premium on December 31,2018. \begin{tabular}{|l|c|c|c|} \hline Date & Account \& Explanation & Debit & Credit \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular} d) Retirement of bond on December 31,2037 , assuming that the last interest payment has already been recorded
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