26 On April 1, 2021, Western Communications, Inc., issued 12% bonds, dated March 1, 2021, with face amount of $47 million. The bonds sold for $46.3 million and mature on February 28, 2024. Interest is paid semiannually on August 31 and February 28. Stillworth Corporation acquired $47,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31, and both firms use the straight-line method. Required: 1. Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's investment on April 1, 2021. 2. Prepare the journal entries by both firms to record all subsequent events related to the bonds through maturity. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Western Reg 2 Stillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars.) View transaction list View journal entry worksheet No Debit Credit 1 Date General Journal August 31, 2021 Interest expense Interest payable Discount on bonds payable Cash