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Presented below are two independent situations 1. On lanuary 1, 2020, Marigold Company issued $312,000 of 9%,10 vear bonds at par. Interest is payable quarterly on April 1. July 1, October 1, and January 1. 2. On June 1,2020, Swifty Company issued $264,000 of 11%,10 year bonds dated January 1 at par plus accrued interest. Interest is paryable semiannuslly on July 1 and January 1. For each of these two independent situations, prepare journat entries to record the followinis, of no entry is required, select "No Entry' for the account titles and enter O for the amounts. Credit account titles are outomatically indented when amount is entered Do not indent manually) (a) The issuance of the bonds. (b) The payment of interest on July 1 (c) Theaccrual of interest on December 31 . For each of these two independent situations, prepare journal entries to record the following. (If no entry is required, select "No Entry" for the account titles and enter ofor the amounts. Credit account titles are outomatically indented when omount is entered. Do not indent manually.) (a) The issuance of the bonds (b) The payment of interest on July 1. (c) The accrual of interest on December 31