please answer the blanks and write explanations if possible

Sawada Insurance Ltd, issues bonds with a face value of $100 million that mature in 12 years. The bonds carry a 7.9% interest rate and are sold at 120.88 to vield 5.5%. They pay interest semi-annually Calculate the proceeds on issuance of the bonds, and show the journal entry to record the issuance. (Credit accounties are automatically Indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry for the accounts and enter for the amounts Proceeds on issuance of the Bonds 5 Account Titles and Explanation Debit Credit Cash Notes Payable e Textbook and Media List of Accounts will carrying value of the ability for these bonds increase over time, or decrease? The carrying value of the liability for these bonds will over time e Textbook and Media List of Accounts List of Accounts Show the journal entries to record the first two interest payments on these bonds. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do ilot indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to dechinal places, s. 125.) Account Titles and Explanation Debit Credit Interest Expense Notes Payable Cash (To record first interest payment) Interest Expense Notes Payable Cash (To record second interest payment) eTextbook and Media List of Accounts