ive got some of it finished but my teacher is having us solit up some of the steps bjt i cant figure out how to split it up.

Prepare entr discount *BE15.12 (LO 5) Sweetwood Company issues $5 million, 10-year, 99 bonds at 96, with interest pay- able annually on January 1. The straight-line method is used to amortize bond discount. a. Prepare the journal entry to record the sale of these bonds on January 1, 2020. b. Prepare the adjusting journal entry to record interest expense and bond discount amortization on December 31, 2020 66 67 BE 15-12 68 1/1/2020 cash 69 Discount CR $4,800,000 $200,000 70 bonds pay 5000000 $5,000,000 5000000 $225,000 int pay $225,000 71 72 7/1/2020 bonds pay 73 Cash 74 75 Interest Expense 76 77 78 12/31/2020 int expense 79 Interest Payable 80 81 82 Discount 83 84 1/1/2021 Interest Payable 85 cash 86 $235,000 $235,000 27 Channn Var