helppo

On January 31, 2021, Dratwood Logisfich, inc, issued tiveyear, 10% bonds payable whth a tace velue of 55,000.000. The bonds were issued at 9A and pary interest on January 31 and July 31 Doftwood Logistics amonizes bend ditcounts iaing the straght-ine method. Read the trourement a. Record the issusnce of the bood payable on January 31, 2021. (Record bebles fret, then credas. Exclude expanations from ary ioumai enirles.) Requirement 1. Record (a) the issuance of the bonds on January 31,2021 , (b) the semiannual interest payment and amortization of the bond discount on July 31,2021 , and (c) the interest accrual and discount amortization on December 31,2021