Wildhorse, Inc. had outstanding $6,420 000 of 11% bonds interest payable July 31 and January 31) due in 10 years. Or uy ,tss S 59 00 of 15 year bond interest payable Jul 1 and January 1) at 99, A portion of the proceeds was used to call the 11% bonds (with unamortized discount of $192,600) at 103 on August 1 Prepare the journal entries necessary to record issue of the new bonds and the refunding of the bonds. (Round answers to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation uly 1 Debit Credit (To record issuance of 1196 bonds) August 1 (To record retirement of 11% bonds) Click if you would like to Show Work for this question: Open Show Work