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please answer the journal entries for the investee side On July 2, 2021, Izo Inc. purchased $580,000 of Zleborg Corp.5% bonds at a price of

please answer the journal entries for the investee side
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On July 2, 2021, Izo Inc. purchased $580,000 of Zleborg Corp.5% bonds at a price of 536,857 to yield a market interest rate of 6%. The bonds pay interest semi-annually on July 1 and January 1, and mature on July 1, 2031. Izo plans to hold this investment until it matures. At December 31, 2021, which is the year end for both companies, the bonds were trading at 94 (this means 94% of face value) (b) For Zieborg, the investee (issuer), record. (List alldeble entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round answers to decimal places, eg. 5,250. W no entry Is required, select "No Entry for the account titles and enter for the amounts.) 1. 2. the issue of the bonds on July 2, 2021, the accrual of interest on December 31, 2021, the payment of interest on January 1, 2022, and the payment of interest on July 1, 2022. 3. . 4. Debit Credit Date Account Titles and Explanation 2021 uestion 9 of 9 .../1 II! 2021 July 2 Dec. 31 2022 Jan 1 July 1

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