On January 31, 2021, Bounty Logistics, Inc., issued five-year, 12% bonds payable with a face value of $7.000.000. The bonds were issued af 50 and pay interest on January 31 and July 31. Bounty Logistics amortizes bond discounts using the straight-line method Read the requirement a. Record the issuance of the bond payable on January 31, 2021, (Record debits first, then credits. Exclude explanations from any journal entries.) Date Jan 31 Journal Entry Accounts Debit Credit b. Record the payment of semiannual interest and amortization of bond discount on July 31, 2021 Date Jay 31 Journal Entry Accounts Debil Credit Requirement 1. Record (a) the issuance of the bonds on January 31, 2021, 0) the semiannual interest payment and amortization of the bond discount on July 31, 2021, and (c) the interest acoral and discount amortization on December 31, 2021 Print Done e. Recond the interest aconual and discount amortization on December 31, 2021. (Do not round intermediary calculations Only round the amount you enter into the input field to the nearest whole dollar) Date Dec 31 Journal Entry Accounts Debit Credit