General Journal Instructions How does grading work? Rockwood Company issued $100,000 of 11% bonds on November 1,2019, at 104, Interest on the bonds is payable on November 1 and May 1 of each year, and the maturity date is November 1,2029. Rockwood retired bondt with a face value of $20,000 an Fabruary 1, 2021, at 98 plus accrued interest. Rockwood usas straight-line amortixation and reverses any calendar year-end adjusting entries. Required: 1. Propare the journal entry to recard the issuance of the bonds on November 1,2019. 2. Prepare all the journal entries to record the interest expense during 2020. 3. Prepare the foumal entries fo record the retirement of $20,000 of the bonds on February 1, 2021