I need help with this InstructionsSoto Industries Inc. is an athletic footware company that began operations on January 1, 20Y3. The following are bond (held-to-maturity)transactions by Soto Industries Inc., which has a fiscal year ending on December 31:Record these transactions on page 10X$420Y3Apr.F4||RLLJuneSept.Nov.Dec.с1 Purchased $71,400 of Welch Co. 9%, 15-year bonds at their face amount plus accrued interest of$1,071. The bonds pay interest semiannually on March 1 and September 1.Purchased $60,000 of Bailey 8%, 10-year bonds at their face amount plus accrued interest of $200.The bonds pay interest semiannually on May 1 and November 1.Received semiannual interest on the Welch Co. bonds.1530Q Search%16 5⁰13131F5TSold $26,400 of Welch Co. bonds at 97 plus accrued interest of $198.Received semiannual interest on the Bailey bonds.Accrued interest on the Welch Co. bonds.Accrued interest on the Bailey bonds.SearchF66IYG HF7&7LOFTUF888F9ㅁㅁ9JKF100F11O PL+F125PrtSc+ 11[Insert} InstructionsSoto Industries Inc. is an athletic footware company that began operations on January 1, 20Y3. The following are bond (held-to-maturity)transactions by Soto Industries Inc., which has a fiscal year ending on December 31:Record these transactions on page 10X$420Y3Apr.F4||RLLJuneSept.Nov.Dec.с1 Purchased $71,400 of Welch Co. 9%, 15-year bonds at their face amount plus accrued interest of$1,071. The bonds pay interest semiannually on March 1 and September 1.Purchased $60,000 of Bailey 8%, 10-year bonds at their face amount plus accrued interest of $200.The bonds pay interest semiannually on May 1 and November 1.Received semiannual interest on the Welch Co. bonds.1530Q Search%16 5⁰13131F5TSold $26,400 of Welch Co. bonds at 97 plus accrued interest of $198.Received semiannual interest on the Bailey bonds.Accrued interest on the Welch Co. bonds.Accrued interest on the Bailey bonds.SearchF66IYG HF7&7LOFTUF888F9ㅁㅁ9JKF100F11O PL+F125PrtSc+ 11[Insert}

Journal Entry 1: April 1, 20Y3DateAccount TitleDebit ($)Credit ($)Apr. 1Bonds - Welch…

Record these transactions on page 10 20Y3 Apr. June Sept. Nov. Dec. 1 Purchased $71,400 of Welch Co. 9%, 15-year bonds at their face amount plus accrued interest of $1,071. The bonds pay interest semiannually on March 1 and September 1. 1 Purchased $60,000 of Bailey 8%, 10-year bonds at their face amount plus accrued interest of $200. The bonds pay interest semiannually on May 1 and November 1. Received semiannual interest on the Welch Co. bonds. 1 30 1 31 31 Sold $26,400 of Welch Co. bonds at 97 plus accrued interest of $198. Received semiannual interest on the Bailey bonds. Accrued interest on the Welch Co. bonds. Accrued interest on the Bailey bonds.