Exercise 14-13 Splish, Inc. had outstanding $5,620,000 of 11% bonds (interest payable July 31 and January 31) due in 10 years. OnJuly 1, t issued $8,840,000 of 11%, 15-year bonds (interest payable July 1 and January 1) at 99, A portion of the proceeds was used to call the 1196 bonds (with unamortized discount of $112,400) at 102 on August 1. Prepare the journal entries necessary to record issue of the new bonds and the refunding of the bonds. (Round answers to o decimal places, e.g. 38,548. Ifno entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit July 1 (To record issuance of 1196 bonds) August 1 (To record retirement of 11% bonds) Click if you would like to Show Work for this question: Qpen Show Work