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The long-term liablity section of Twin Digital Corporation's balance sheet as of December 31, 2023, included 12% bonds having a face amount of $15 mitilion

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The long-term liablity section of Twin Digital Corporation's balance sheet as of December 31, 2023, included 12% bonds having a face amount of $15 mitilion and a remaining discount of $1 million. Disclosure notes indicate the bonds were issued to yield 14%. Interest expense is recorded at the effective interest rate and paid on January 1 and July 1 of each year. Interest was accrued and expensed on December 3t, 2023. On July 1, 2024, Twin Digital retired the bonds at 104 ( $15.6 million) before their scheduled maturity. Pequired: 1.82. Prepare the necessary journal entries by Twin Digital on July 1,2024. Note: If no entry is required for a transoction/event, select "No journal entry required" in the first account field. Enter your answers In whole dollars. Journal entry worksheet

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