On March 1, 2021, Stratford Lighting issued 14% bonds, dated March 1, with a face amount of $750,000. The bonds sold for $744,000 and mature on February 28, 2041 (20 years). Interest is paid semiannually on August 31 and February 28. Stratford uses the straight- line method and its fiscal year ends December 31. Required: 1. to 4. Prepare the journal entries to record the issuance of the bonds by Stratford Lighting on March 1, 2021, interest on August 31, 2021, accrued interest on December 31, 2021 and interest on February 28, 2022. (Do not round your intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Date General Journal Debit Credit 1 March 01, 2021 Cash 744,000 6,000 Discount on bonds payable 750,000 2 August 31, 2021 Interest expense Discount on bonds payable Cash 52,500 3 December 31, 2021 Interest expense Discount on bonds payable Interest payable 4 February 28, 2022 Interest expense Interest payable Discount on bonds payable Cash