QUESTION 1 The Indigo Company issued 600, $1,200, 8%, 10-year bonds on January 1, 2022, at 104. Interest is payable annually on January 1. Indigo uses straight-line amortization for bond premium or discount. Instructions: Prepare the journal entries to record the following events: (a) The issuance of the bonds. (b) The accrual of the interest and the discount or premium amortization on 12/31/18. (c) The payment of the interest on 1/1/19. (d) The redemption of the bonds at maturity, assuming interest for the last period has been paid and recorded. UPLOAD YOUR ANSWER AS A PDF FILE. Attach File Browse Local Files QUESTION 2 The Sipowicz Company retired $200,000 face value, 10% bonds on June 30, 2018, at 98. The carrying value of the bonds at the redemption date was $206,000. The bonds pay annual interest, and the interest payment due on June 30, 2018, has been made and recorded. Prepare the appropriate journal entry for the redemption of the bonds. UPLOAD YOUR ANSWER AS A PDF FILE. Attach File Browse Local Files