Current Attempt in Progress On January 1, 2020 Sway Company purchased 12% bonds having a maturity value of $310.000 for $333.502.59. The bonds provide the bondholders with a 10 yield. They are dated January 1, 2020, and mature January 1, 2025, with interest received on January 1o eh year witty Company uses the effective interest method to allocate unamortized discount or premium. The bonds recated on available for sale category. The fair value of the bonds at December 31 of each year-end is as follows. 2020 $301.200 2023 $320.00 $910.000 $319.100 2024 2002 $318.000 th Prepare the entry at the date of the bond purchase Prepare the joumal entries to record the interest revenue and recognition of fair value for 2020 Prepare the journal entry to record the recognition of fair value for 2021. ta Round answers to 2 decimal places, s 2.525.25 Credit account titles are automatically indented when amount is entered. Do not indent melyne entry be required select "No Entry for the account titles and enter for the amounts) No. Date Account Titles and Explanation Debit Cred NWPA RAM . Sagar nee tier pichai HW 17 paadhava 4900 41 shoolerosowpateters 0 dication winy.com HW 4 Chapter 17 - /20 Question or Dernie Debit Credi NO Date Account Titles and explanation (To recorders received 10 17.00 label.pl Raw