On February 1, 2021, Strauss-Lombardi issued 8% bonds, dated February 1, with a face amount of $960,000. The bonds sold for $871,673 and mature on January 31, 2041 (20 years). The market yield for bonds of similar risk and maturity was 9%. 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.) View transaction list 1 > Record the issuance of the bond on February 1, 2021. 2 Record the interest on July 31, 2021 (at the effective rate) 3 Record the accrued interest on December 31, 2021. 4 Record the interest on January 31, 2022. Credit Note : = journal entry has been entered Record entry Clear entry View general journal