Question: please fill out this table below. On April 1, 2021, Western Communications, Inc., issued 12% bonds, dated March 1, 2021, with face amount of $31

please fill out this table below.

please fill out this table below. On April 1, 2021, Western Communications,Inc., issued 12% bonds, dated March 1, 2021, with face amount of$31 million. The bonds sold for $30.3 million and mature on February28, 2024. Interest is paid semiannually on August 31 and February 28.Stillworth Corporation acquired $31,000 of the bonds as a long-term investment. The

On April 1, 2021, Western Communications, Inc., issued 12% bonds, dated March 1, 2021, with face amount of $31 million. The bonds sold for $30.3 million and mature on February 28, 2024. Interest is paid semiannually on August 31 and February 28. Stillworth Corporation acquired $31,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31, and both firms use the straight-line method. Required: 1. Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's investment on April 1, 2021. 2. Prepare the journal entries by both firms to record all subsequent events related to the bonds through maturity. Complete this question by entering your answers in the tabs below. Req 1 Req 2 Western Req 2 Stillworth Prepare the journal entries for Stillworth Corporation to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) Credit No 1 Debit 1,860 Date General Journal August 31, 2021 Cash Discount on investment in bonds Interest receivable Interest revenue 2 1,240 December 31, 202 Interest receivable Discount on investment in bonds Interest revenue 3 1,860 February 28, 2022 Cash Discount on investment in bonds Interest receivable Interest revenu 4 1,860 August 31, 2022 Cash Discount on investment in bonds Interest revenue 5 December 31, 202 Interest receivable Discount on investment in bonds Interest revenue 6 February 28, 2023 Cash Discount on investment in bonds Interest receivable Interest revenue 7 August 31, 2023 Cash Discount on investment in bonds Interest revenue 8 December 31, 202 Interest receivable Discount on investment in bonds Interest revenue 9 February 28, 2024 Cash Discount on investment in bonds Interest receivable Interest revenue >>> 10 February 28, 2024 Cash Investment in bonds

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