UN June 30, 2020, Teal Company issued $3.660,000 face value of 13, 20-year bonds at $3,935,340, a yield of 125. Teal uses the effective-interest method to morte hond premium or discount. The bonds pay semiannual interest on June 30 and December 31. (O) Prepare the journal entries to record the following transactions. (Round answer to decimal places, 9. 36,568. If no entry is required, select "No Entry for the account titles enter o for the amounts Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) The issuance of the bonds on June 30, 2020. (2) The payment of interest and the amortization of the premium on December 31, 2020 (3) The payment of interest and the amortization of the premium on June 30, 2021 (4) The payment of interest and the amortization of the premium on December 31, 2021 No. Date Account Titles and Explanation Debit Credit (1) June 30, 2020 Cash 39353 Premium on Bonds Pay 275340 Bonds Payable 3660000 (2) December 31, 2020 Interest Expense Premium on Donde Payable Cash (a) June 30, 2021 Interest Expense Premium on Bonds Payable Cash (4) December 2011 URCES CALCULATOR PRINTER 02 (3) The payment of interest and the amortization of the premium on June 30, 2021. (4) The payment of interest and the amortization of the premium on December 31, 2021. No. Date Account Titles and Explanation Debit (1) June 30, 2020 Cash 3935340 Credit Premium on Bonds Pay Benda Payable (2) December 31, 2020 Interest Expense Premium on Donds Payable 275340 3660000 O lune 30, 2021 Interest Expense Premium on Bonds Payable Cash (4) December 31, 2023 Interest Expense Premium on Bonds Parab Cliyi