Information:Worthington Company issued $1000000 face value Six year 10% bonds on

Information:Worthington Company issued $1000000 face value Six year 10% bonds on july 1 2012 when the market rate of interest was 12%. interest payments are due every July 1 and January 1. worthington uses a calender year.Questions:1. Prepare the journal entry to record the issuance of the bonds on july 120122. Prepare the adjusting journal entry on december 31 2012 to accrue interest expense3.Prepare the journal entry to record the interest payment on January 1 20134. Calculate the amount of cash that will be paid for the retirement of the bonds on the maturity date.I dont understan dhow to do any of this even though I have read the chapter. Please help