On March 1, Year 1, a company issued 10% bonds, dated March 1, with a face amount of $780,000. The bonds sold for $768,000 and mature on February 28, Year 21 (20 years). Interest is paid semiannually on August 31 and February 28. The company 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 a company on March 1, Year 1, interest on August 31, Year 1, accrued interest on December 31, Year 1, and interest on February 28, Year 2. Note: Do not round intermediate calculations. 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 1 2 3 4 Record the issuance of the bond on March 1, Year 1. Note: Enter debits before credits. Date March 01, Year 1 General Journal Debit Credit Record entry Clear entry View general journal