Exercise 14-14 On June 30, 2012, County Company issued 12% bonds with a par value of $800,000 due in 20 years. They were issued and were colle 101 westerone, 220 interest rates and a significant change in the company's credit rating, & was decided to call the entire issue on June 30, 2001, and to bedshew 10 werd the $1,000,000 at 102; they mature in 20 years. County Company uses straight-line amortization. Interest payment dates are December 31 and are 30 (a) Prepare journal entries to record the redemption of the old issue and the sale of the new issue on June 30, 2021. (b) Prepare the entry required on December 31, 2021, to record the payment of the first 6 months interest and the amortization of premium on the bande (Round answers to decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter for the amounts Credit care indented when amount is entered. Do not indent manually) No. Date Account Titles and Explanation Debit Credit (a) (To record the redemption of the old issue) (To record the sale of the new issue)