BU Curriculum Corporation issued $900,000 of 7% bonds on August 1, 2019, due on August 1, 2024. The interest is to be paid twice a year on February 1 and August 1. The bonds were sold to yield 9% effective annual interest. BU Curriculum Corporation closes its books annually on December 31.

 (b) Prepare the journal entries for the following: 1. August 1, 2019 bond issue 2. Adjusting entry for December 31, 2019 (adjusting entry should cover 5 months) 3. February 1, 2020 entry 4. August 1, 2020 entry 5. Adjusting entry from December 31, 2020 I'm looking for help with the formulas in the following format: Date Account Debit Credit August 1, 2019 Cash 828,760  August 1, 2019 Discount on Bonds Payable 71,240  August 1, 2019  Bonds Payable 900,000  Issuance of Bonds       December 31, 2019 Interest Expense 12,431  December 31, 2019  Bond Disc 1,931 December 31, 2019  Discount on Bonds 10,500  Adjusting Entry       February 1, 2020 Interest Expense 24,863  February 1, 2020 Interest Payable 10,500  February 1, 2020  Cash 31,500 February 1, 2020  Bond Disc 3,863  Interest entry       August 1, 2020 Interest Expense 37,555  August 1, 2020  Cash 31,500 August 1, 2020  Bond Disc 6,055  Interest entry       December 31, 2020 Interest Expense 12,609  December 31, 2020  Bond Disc 2,109 December 31, 2020  Interest Payabnle 10,500  Adjusting Entry