The Square Foot Grill, Incorporated issued $210,000 of 10-year, 7 percent bonds on July 1, Year 1. at 102. Interest is payable in cash semiannually on June 30 and December 31. The straight-line method is used for amortization. Required a. Prepare the journal entries to record issuing the bonds and any necessary journal entries for Year 1 and Year 2. Post the journal entries to T-accounts. Prepare any necessary closing entries for Year 1.