Check my work Federal Semiconductors issued 10% bonds, dated January with a face amount of $850 million on January 1, 2021 The bonds sold for 5781,801,100 and mature on December 31, 2040 20 years). For bonds of similar risk and maturity the market yield was 11% Interestis paid semiannually on June 30 and December 31 Required: 1 to 3. Prepare the journal entries to record their issuance by Federal on January 1 2021, interest on June 30, 2021 (at the effective rate and interest on December 31, 2021 (at the effective rate 4. Al what amour Will Federal report the bonds among its abilities in the December 31, 202L balance sheet? Complete this question by entering your answers in the tabs below. Reg1 to 3 Req+ Prepare the youmal entries to record their i n ce by Federal on January 1, 2021, interest on June 30, 2021 (Mt the effective rate) and interest on December 31, 2021 (at the effective rute). (If no antry is required for a transaction/event, select "No journal entry required in the first scent field. Enter your answers in whole dollars. View transchen in View journal entry worksheet General Journal Dot Credit 1 January 1, 2021 Cath Help Save Req 1 to 3 Reg 4 Prepare the journal entries to record their issuance by Federal on January 1, 2021, interest on June 30, 2021 (at the effective interest on December 31, 2021 (at the effective rate). (If no entry is required for a transaction/event, select "No journal entr in the first account field. Enter your answers in whole dollars.) View transaction list View journal entry worksheet Debit Credit No 1 Date General Journal January 01, 2021 Cash Discount on bonds payable Bonds payable 2 June 30, 2021 Interest expense Discount on bonds payable Cash 2 3 December 31, 2021 Interest expense Discount on bonds payable Cash 1 te Reg 4 > W ons Studypool V iew Questions Studypool Saved Help Say 4. Al what amount will regerai report une bonas among its laities in ne vecember 31, ZUZI, Dalance sheet Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 At what amount will Federal report the bonds among its liabilities in the December 31, 2021, balance sheet? (Enter your answers in whole dollars.) Discount Period-End Cash Interest Paid Bond Interest Expense Amortization Carrying Value 01/01/2021 06/30/2021 12/31/2021 ( Req 1 to 3