On April 1, 2020, Skysong Company sold 31,500 of its 12%,15-year; $1,000 face value bonds at 97 . Interest payment dates are April 1 and October 1, and the company uses the straight-line method of bond discount amortization. On March 1, 2021, Skysong took advantage of favorable prices of its stock to extinguish 6,900 of the bonds by issuing 227,700 shares of its $10 par value common stock. At this time, the accrued interest was paid in cash. The company's stock was selling for \$30 per share on March 1, 2021. Prepare the journal entries needed on the books of Skysong Company to record the following. (Round intermediate calculations to 6 decimal places, eg. 1.251247 and final answers to 0 decimal places, eg. 38,548. If no 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.) (a) April 1,2020: issuance of the bonds. (b) October 1.2020; payment of semiannual interest. (c) December 31, 2020: accrual of interest expense. (d) March 1, 2021: extinguishment of 6,900 bonds. (No reversing entriesmade.) No. Date Account Titles and Explanation (a) 4/1/20 Cash Discount on Bonds Payable Bends Payable (b) 10/1/20 Interest Expense Discount on Bonds Payable Cash (c) 12/31/20 Interest Expense Discount on Bonds Payable Interest Payable (d) 3/1/21 Interest Payable Interest Expense Cash Discount on Bonds Payable (To record interest and discount on bonds retired) 3/1/21 Bonds Payable Debit 30555.000 1,500 1,890,000 960,750 15.75C945,00C 882,000 10500 3/1/21 Interest Payable Interest Expense 95000 Cash Discount on Bonds Payable 10500 (To record interest and discount on bonds retired) 3/1/21 Bonds Payable 6,900,000 Loss on Redemption of Bonds 125,350 Common Stock 2,277,000 Paid-in Capital in Excess of Par-Common Stock 4,554,000 Discount on Bonds Payable 194,350