Yok Corporation issued 6%,5-year bonds with a face value of $700,000 at a price of 97 on July 1, 2021. The bonds pay interest each January 1 and July 1 . Yok uses the stright-fine amortization method for all bond premiums and discounts. The company has a fiscal yoar-ond of December 31 . Read the requitements. Yok Corporation issued 6%,5-year bonds with a face value of $700,000 at a price of 97 on July 1, 2021. The bonds pay inserest each January 1 and July 1. Yok uses the straighi-ine amorization method for all bond premiums and discoints. The compary has a fiscal yeat-ond of December 31. Read the Requirement 1. Record the issuance of the bonds on July 1, 2021. (Record debits frst, then credits. Exclude explanotions from ary joumal entries.) Requirement 2. Record the accrual for the cash interest payable on the bonds and the amortiasion of any premium or dscount on the bonds on December 31,2021 , (Recond debits first, then credits. Exclude explanations from any journal entries.)