Return to question 10 5.88 points Skipped When companies offer new debt security issues, they publicize the offerings in the financial press and on Internet sites. Assume the following were among the debt offerings reported in December 2021: New Securities Issues Corporate National Equipment Transfer Corporation-5203 million bonds via lead managers Second Tennessee Bank N.A. and Morgan, Dunavant & Co., according to a syndicate official. Terms: maturity, Dec. 15, 2030; coupon 7.498 issue price, par; yield, 7.49%; noncallable; debt ratings: Ba-1 (Moody's Investors Service, Inc.), B88+ (Standard & Poor's). Igwig Inc. -$353 million of notes via tead manager Stanley Brothers, Inc., according to a syndicate official. Terns: naturity, Dec. 1, 2032; coupon, 6.249; Issue price, 99; yield, 6.349; call date, NC; debt ratings: Bas-1' (Moody's Investors Service, Inc. ), A (Standard & Poor's). Required: 1. Prepare the appropriate journal entries to record the sale of both issues to underwriters, ignore share issue costs and assume no accrued interest 2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues Answer is not complete. heheh mpletion. 10 Return to question Required: 1. Prepare the appropriate journal entries to record the sale of both issues to underwriters. Ignore share issue costs and assume no accrued interest 2. Prepare the appropriate journal entries to record the first semiannual interest payment for both issues. 5.88 points Skipped Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the appropriate journal entries to record the first semiannual interest payment for both issues. (Do not round your intermediate calculations. Enter your answers in whole dollars. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) No Event General Journal Debit Credit Me GE Hill