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On January 1,2025, Aaron Unlimited issues 15\%, 10-year bonds payable weth a face value of...

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Accounting

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On January 1,2025, Aaron Unlimited issues 15\%, 10-year bonds payable weth a face value of $180,000. The bonds are issued at 105 and pay interest on June 30 and December 31 . (Asaume bonds payable are amortized using the straipht-line amortization method) Bead the reavirements. Requirement 1. Journilze the issuance of the bonds on January 1, 2025. (Record debits first, then crodits Select explanations ch the last line of the joumal entry) Requirement 2 Jounsize the semiannual interest payment and amortizasion of bond premium en June 30,2025 . (Ptecord debis frst, then credis. Select explanations on she iast ine of the lournal entry) Requirements 1. Joumalice the issuance of the bends on January 1, 2025 2. Joumake the semiamual interest payment and amortization of bond premium on June 30,2025 3. Joumalize the semiannual interest payment and amortzation of bond premium on December 31, 2025. 4. Joumalize the retrement of the bond at maturity, assuming the last interest payment has alresdy been recorded, (Give the date.)

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