Chart of Accounts JournalFinal Questions ructions following transactions were completed by Winklevoss Inc., whose fiscal year is the calendar year: Year 1 Issued S74 ,000,000 of 20-year, 11% callable bonds dated July 1, Year 1, at a market (effective) rate of 13%, receiving cash of S63532267 interest is payable semannuaty on December 31 and JUne 30 Paid the semiannual interest on the bonds. The bond discount amortization of $261.693 is combined July 1 Dec. 31 with the semiannual interest payment Closed the interest expense account 31 Year 2 June 30 Paid the semiannuat interest on the bonds. The bond discount amortization of 5261,693 is combined wth the semiannual interst payment 31 Paid the semiannual interest on tne bonds The bond discount amortization of $261.693 is combined Dec with the semiannual interest payment Ciosed the interest expense account 31 Year 3