Problem 14-15 Early extinguishment; effective interest (LO14-5) The long temability section of Win Digital Corporation's balance sheet as of December 31, 2017 included 14% bonds having a face amount of 540 million and a remaining discount of million Disclosure notes indicate the bonds were issued to yield 16% Interest expense is recorded at the effective interest rate and paid on lanuary 1 and July retired the bonds at 101 (5404 million before the scheduled maturity of each year. On July 1. 2018. Twin Digital Required: 1.& 2. Prepare the necessary journal entries for Twin Digital on Joy 1. 2018. (If no entry is required for a transaction event, select 'No journal entry required in the first account field. Enter your answers in whole dollar View transaction lit Journal entry worksheet Record the semiannual interest Note: tru det beter relea Dlate July 01. 2018 r al Journal Debit Credit L View general journal