Rockwood Company issued $100,000 of 11% bonds on Nowember 1,2019 , at 104 . Interest on the bonds is payable on November 1 and May 1 of each year, and the maturity date is November 1,2029. Fiockwood retired bonds with a face value of $20,000 on February 1, 2021, at 98 plus accrued interest. Aockwood uses straight-line amortization and reverses any calendar year-end adjusting entries. Required: 1. Prepare the journal entry to record the issuance of the bonds on November 1, 2019. 2. Prepare all the journal entries to rocord the interest exponse during 2020. 3. Prepare the joumal entries to rocord the retirement of $20,000 of the bonds an Fobruary 1,2021. Chart of Accounts General Ledger ASSETS 111 Cash 121 Accounts Receivable 141 Inventory 152 Prepaid Insurance 181 Equipment 198 Accumulated Depreciation LIABILITIES 211 Accounts Payable REVENUE 411 Sales Revenue 436 Gain on Bond Redemption EXPENSES 500 Cost of Goods Sold 511 Insurance Expense 512 Utilities Expense 521 Salaries Expense 532 Bad Debt Expense GENERAL JOURNAL