Current Attempt in Progress Splish, Inc. had outstanding $$6,060,000$ of $11\%$

bonds $($interest payable July $31$ and January $31)$ due in $10$ years. On July $1,$ it

issued $$9,860,000$ of $10\%,15$ year bonds $($interest payable July $1$ and January

$1)$ at $97.$ A portion of the proceeds was used to call the $11\%$ bonds $($with

unamortized discount of $$242,400)$ at $104$ on August $1.$ Prepare the journal

entries necessary to record issue of the new bonds and the refunding of the

bonds. $($Record entries in the order displayed in the problem statement. If no

entry is required, select $"$No Entry" for the account titles and enter $0$ for the

amounts. Credit account titles are automatically indented when the amount is

entered. Do not indent manually. List all debit entries before credit entries.$)$

Date Account Titles and Explanation Debit Credit