a. Ques 1: (4.5 marks) On March 1, 2019, Global School issued a 10-year, 8%. OMR 100,893 face value debenture bonds at 97 (3% below par). Interest is payable each year on March 1 and September 1. Global school's year-end is December 31 and it follows IFRS. a. What is type of bond (0.5 mark) b. Prepare the necessary journal entries for the year 2019 (2 marks) c. Prepare interest account and discount on bonds payable account (1 mark) d. Calculate the carrying value of Bonds payable as on 31/12/2019 and 2022 (1 mark) Ques 2: (3 marks) On April 1, 2021, ABC Company issued a 5-year, 10%, OMR 100,893 face value bond at 102 (2% above par). Interest is payable each year on December 31 and July 1. The company year-end is December 31 and it follows IFRS. The bonds will be outstanding for 5 years and 9 months or 57 months. a. Pass the necessary journal entries for the year 2021(2 Marks) b. Calculate the carrying value of Bonds payable as on 31/12/2021(1 mark)