On February 1, 2021, Strauss-Lombardi issued 10% bonds, dated February 1, with a face amount of $810,000. The bonds sold for $745,010 and mature on January 31, 2041 (20 years). The market yield for bonds of similar risk and maturity was 11%. Interest is paid semiannually on July 31 and January 31. Strauss-Lombardi's fiscal year ends December 31. Required: 1. to 4. Prepare the journal entries to record their issuance by Strauss-Lombardi on February 1, 2021, interest on July 31, 2021 (at the effective rate), adjusting entry to accrue interest on December 31, 2021 and interest on January 31, 2022. (Do not round your intermediate calculations and round your final answers to nearest whole dollar. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Intermediate calculations and round your final answers to nearest Whole dollar. If no entry 15 required for a transaction/event select "No journal entry required" in the first account field.) No Credit Date General Journal February 01, 2021 Cash Discount on bonds payable Bonds payable Debit 745,010 64.990 810,000 July 31, 2021 40,976 Interest expense Discount on bonds payable Cash 476 40,500 3 34,146 X December 31, 202 Interest expense Discount on bonds payable Cash 396 X 33,750 6,830 % 33,750 January 31, 2022 Interest expense Interest payable Discount on bonds payable Cash 80 X 40,500