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Lamb Company uses the chart of accounts listed below. Use the numbers preceding each account title to create journal entries for each situation. Account titles may be used more than once or not at all. Account Titles 1. Cash 2. Retained Earnings 3. Sales 4. Bond Interest Revenue 5. Bond Interest Payable 6. Bonds Payable 7. Bond Interest Expense 8. Accounts Receivable 9. Common Stock 10. Premium on Bonds Payble 11. Gain on Bond Redemption 12. Loss on Bond Redemption 13. Paid-in Capital in Excess of Par 14. Discount on Bonds Payable Situation 1. Lamb issues $400,000 face amount of 12% bonds payable on Jan 1. at 104. The bonds were dated Jan 1, pay interest on July 1 & Jan 1 and mature in five years 2. Lamb paid interest on the bonds described in #1 above on July 1. 3. Lamb issued $200,000 face amount of six year 10% bonds payable on Jan 1 at 94. Interest is payable annually on Jan 1. Record the accrual of interest on these bonds at Dec 31 using staight-line method of amortization.