On February 1, 2018, Fox Corporation issued 7% bonds dated February 1, 2018, with a face amount of $170,000. The bonds sold for $153,176 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Fox's fiscal year is the calendar year. Fox uses the straight-line method of amortization. Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2018. 2. Prepare the entry to record interest on July 31, 2018. 3. Prepare the necessary journal entry on December 31, 2018. 4. Prepare the necessary journal entry on January 31, 2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the journal entry to record the bond issuance on February 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet 1 Record the bond issuance on February 1, 2018. On February 1, 2018, Fox Corporation issued 7% bonds dated February 1, 2018, with a face amount of $170,000. The bonds sold for $153,176 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Fox's fiscal year is the calendar year. Fox uses the straight-line method of amortization. Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2018. 2. Prepare the entry to record interest on July 31, 2018. 3. Prepare the necessary journal entry on December 31, 2018. 4. Prepare the necessary journal entry on January 31, 2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the entry to record interest on July 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet > 1 Record the interest on July 31, 2018. > On February 1, 2018, Fox Corporation issued 7% bonds dated February 1, 2018, with a face amount of $170,000. The bonds sold for $153,176 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Fox's fiscal year is the calendar year. Fox uses the straight-line method of amortization. Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2018. 2. Prepare the entry to record interest on July 31, 2018. 3. Prepare the necessary journal entry on December 31, 2018. 4. Prepare the necessary journal entry on January 31, 2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the necessary journal entry on December 31, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet 1 Record the necessary entry on December 31, 2018. On February 1, 2018, Fox Corporation issued 7% bonds dated February 1, 2018, with a face amount of $170,000. The bonds sold for $153,176 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Fox's fiscal year is the calendar year. Fox uses the straight-line method of amortization. Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2018. 2. Prepare the entry to record interest on July 31, 2018. 3. Prepare the necessary journal entry on December 31, 2018. 4. Prepare the necessary journal entry on January 31, 2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the necessary journal entry on January 31, 2019. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round final answers to the nearest whole dollar.) View transaction list Journal entry worksheet 1 Record the necessary entry on January 31, 2019. >