9. Interlink Company was authorized to issue 10-year, 12% bonds with face amount of P8,000,000. The bonds are dated January 1, 2020, and interest is payable semiannually on June 30 and December 31. The bonds were sold as follows: January 1, 2020 September 1, 2021 Required: 5,000,000 at 95 2,000,000 at 103 plus accrued interest 1. Prepare journal entries relating to the bonds payable in 2020 and 2021. Straight line amortization is used, and unissued bonds payable account is set up. 2. Show how information relative to the bond issue will be reported in the statement of financial position prepared on December 31, 2021.