On February 1, 2021. Strauss-Lombardi issued 9% bonds, dated February 1, with a face amount of $920,000. The bonds sold for $841,072 and mature on January 31, 2041 (20 years). The market yield for bonds of similar risk and maturity was 10%. 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 Journal entry worksheet Record the issuance of the bond on February 1, 2021 Note: Enter debits before credits Debit Credit Date General Journal February 01, 2021 Cash Discount on bonds payable Bonds payable 841,072 78,928 920.000 Record entry Clear entry View general journal On February 1, 2021, Strauss-Lombardi issued 9% bonds, dated February 1, with a face amount of $920,000. The bonds sold for $841,072 and mature on January 31, 2041 (20 years). The market yield for bonds of similar risk and maturity was 10% 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. I no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the interest on July 31, 2021 (at the effective rate). Note: Enter debits before credits. Debit Credit Date July 31, 2021 137848 General Journal income tax expense Discount on bonds payable Cash Record entry Clear entry View general journal On February 1, 2021. Strauss-Lombardi issued 9% bonds, dated February 1, with a face amount of $920,000. The bonds sold for $841,072 and mature on January 31, 2041 (20 years). The market yield for bonds of similar risk and maturity was 10%. 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 Journal entry worksheet Record the accrued interest on December 31, 2021. Note: Enter debits before credits Debit Credit Date General Journal December 31, 2021 Interest expense Discount on bonds payable Interest payable Record entry Clear entry View general journal On February 1, 2021. Strauss-Lombardi issued 9% bonds, dated February 1, with a face amount of $920,000. The bonds sold for $841,072 and mature on January 31, 2041 (20 years). The market yield for bonds of similar risk and maturity was 10%. 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 Journal entry worksheet Record the interest on January 31, 2022. Note: Enter debits before credits. Date General Journal January 31, 2022 Record entry Clear entry View general journal