416 6 On April 1, 2024 Western Communications, Incorporated, issued 12% bonds, dated March 1, 2024, with face amount of $50 million. The bonds sold for $49.3 million and mature on February 28, 2027 Interest is paid semiannually on August 31 and February 28. Stillworth Corporation acquired $50,000 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, 2024 2. Prepare the joumal entries by both firms to record all events related to the bonds through maturity. References Complete this question by entering your answers in the tabs below. Reg 2 Western Sulworth Prepare the journal entries for Stillworth Corporation to record all events related to the bonds through maturity Note: If no entry is required f S NO ABACENDOLATre all svents related to the pope some fed. Enter your answers in whole dollars. Vow tramachon lat Vwww.jearmall watry warkahu No Data Caneral Joumal Debit Cradit 7 B 5 August 31, 2024 Cach Discount on Investment in bonds Interest node vabie Interest revenun December 31 2024 Interest recallvania Discount on investment in bonds February 28 2025 12023 December 31, 2026 February 281 2027 Internet revenue Discount on investment in bonds Discount on investment in Banda