When companies offer new debt security issues, they publicize the offerings in the financial press and on Internet sites. Assume the following were among the debt offerings reported in December 2024: New Securities Issues Corporate National Equipment Transfer Corporation- $217 million bonds via lead managers Second Tenressee Bank N.A. and Morgan, Dunavant \& Company, according to a syndicate official. Terms: maturity, December 15, 2033; coupon 7.63\%; issue price, par; yield, 7.63\%; noncallable; debt ratings: Ba-1 (Moody's Investors Service, Incorporated), BBB+ (Standard \& Poor's). IgWig Incorporated- $367 million of notes via lead manager Stanley Brothers, Incorporoted, according to a syndicate official. Teras: maturity, December 1 , 2035; coupon, 6.38v; Issue price, 99; yield, 6.48v; call date, NC; debt ratings: Baa-1 (Moody's Investors Service, Incorporated), A (Standard \& Poor's). Required: 1. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest. 2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest. 1. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume accrued interest. 2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest. Note: Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field. 1. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest. 2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues. Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the appropriate joumal entries to record the first semiannual interest payment for both issues. Note: Do not round your intermediate calculations. Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required" in the first account field