please look at the picture. thank you

On March 1, 2020, Mitchell Inc. issued 60,6%, $1,000 bonds dated March 1, 2020 for $62,626. The bonds pay cash interest semiannually each June 30, and December 31, and were issued to yield 5%. The bonds mature February 28, 2025, and the company uses the effective interest method to amortize bond discounts or premiums. The partial amortization schedule is as follows: Amortization Schedule Cash Interest Effective Premium Interest amortization Outstanding Balance $62,626 62.391 0 03/01/20 1 08/31/20 $1,800 $1,566 ($234) (240) 2 02/28/21 1.800 1.560 62,151 Required:Prepare journal entries on the following dates, Round to the nearest dollar, 1. March 1, 2020, bond issuance. 2. August 31, 2020, interest payment. 3. December 31, 2020, adjusting entry. Note: You may create a table as follows to organize your journal entries. Date Account titles Debit 1 Credit Cash Sales Revenue 10,000 10,000 Edit Insert Format Table 12