On February 1, 2021, Wolf Inc. issued 10% bonds dated February 1, 2021, with a face amount of $280,000. The bonds sold for $335,420 and mature in 20 years. The effective interest rate for these bonds was 8%. Interest is paid semiannually on July 31 and January 31. Wolf's fiscal year is the calendar year. Wolf uses the effective interest method of amortization. Required: 1. Prepare the journal entry to record the bond issuance on February 1, 2021. 2. Prepare the entry to record interest on July 31, 2021. 3. Prepare the necessary journal entry on December 31, 2021. 4. Prepare the necessary journal entry on January 31, 2022 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, 2021. (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 Note: Enter debits before credits. Date February 01, 2021 Cash General Journal Debit Credit Bonds payable Premium on bonds payable 280,000 View transaction list Journal entry worksheet View general journal View transaction list Journal entry worksheet 1 Record the necessary entry on January 31, 2022. Note: Enter debits before credits. Date January 31, 2022 General Journal Debit Credit Record entry Clear entry View general journal