Current Attempt in Progress Prepare journal entries to record the following transactions related to long-term bonds of Cheyenne Co. (a) Your answer is correct On April 1, 2019, Cheyenne issued $1,880,000, 9% bonds for $2,022,381 including accrued interest. Interest is payable annually on January 1, and the bonds mature on January 1, 2029. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit April 1 Cash 2022381 Bonds Payable 1880000 Interest Expense 42300 Premium on Donds Payable 100081 (b) On July 1, 2021 Cheyenne retired $564,000 of the bonds at 102 plus accrued interest. Cheyenne uses straight-line amortization. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal places, eg 5,275.) Account Titles and Explanation Debit Credit (To record interest and premium on bonds) (To record entry for retirement of bonds)