Question: (34) can you please help me solve this and explain your steps and answers so I understand . thank you (32) posted these questions &

On the first day of the fiscal year, a company issues a $910,000, 7%, 5-year bond that pays semiannual interest of $31,850 ($910,000 x 7% x 1/2), receiving cash of $884,170. Journalize the entry to record the issuance of the bonds. If an amount box does not require an entry, leave it blank. On the first day of the fiscal year, a company issues an $620,000, 9%, 5-year bond that pays semiannual interest of $27,900 ($620,000 x 9% x 1/2), receiving cash of $582,800. Journalize the entry to record the first interest payment and the amortization of the related bond discount using the straight-line method. If an amount box does not require an entry, leave it blank
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