On August 1, 2019. United Corporation issued $1060 milion of 6% bonds at 103. The bonds mature n 20 years Each $1.000 bond was issued with 15 detachable stock warrants, each of which entitled the bondholder to purchase. for $56, one share of Unuted $5 par common stock. World Company purchased 20% of the bond issue Ori August 1, 2019, the market value per share for United stock was $62 and the market value of each warrant was $7. In March 2025, when United common stock had a market price of $76 per share and the unamortized premium balance was $360,000, World exercised the warrants it held Required 1. Prepare the journal entries on August 1, 2019, to record (A) the issuance of the bonds by United and (B) the inwestment by World 2. Prepare the journal entries for both companies in March 2025 to record the exercise of the warrants. Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the journal entries on August 1, 2019, to record (A) the issuance of the bonds by United and (B) the investment by world. If no entry is required fora transaction/event, selectNo journal entry required" in the first account field. Enter your answers in whole doliars.) View transaction list Journal entry worksheet Record for ISSUER-Issuance Note: Enter debits befone credits