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Can you please do both questions :) View Policies Show Attempt History Current Attempt in Progress On January 1, 2021. Swifty Corp. issued five-year bonds

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View Policies Show Attempt History Current Attempt in Progress On January 1, 2021. Swifty Corp. issued five-year bonds with a face value of $300,000 and a coupon interest rate of 6%, with interest payable semi-annually. Assume that the company has a December 31 year end and records adjusting entries annually. Click here to view factor tables (a) Your Answer Correct Answer (Used) (c) Your answer is partially correct Record the journal entries relating to the bonds on January 1, July 1, and December 31, assuming that when the bonds were sold the market interest rate was 7%. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. Round answers to decimal places.c.8.5,275) Account Titles and Explanation Debit Credit Date Cash Bonds Payable Jud Interest expen Blonds Pava Dec 31 Doch eTextbook and Media List of Accounts Show Attempt History Current Attempt in Progress On January 1, 2021, Oriole Corp. issued five-year bonds with a face value of $540.000 and a coupon interest rate of 6%, with interest payable semi-annually. Click here to view factor tables la) Your answer is correct Prepare a partial bond amortization table for the first two interest payments assuming that interest is paid on July 1 and January 1 and that the bonds sold when the market interest rate was 5%Round answers to decimal places, eg 5.255.) ORIOLECORP Bond Premium Amortization On January 1, 2021 Bond Carrying Amount tExpense Premium Discount Amortization Unamortized Premium Discount $ 563631 2100 21522 561522 19360 559360 e Textbook and Media Attempts: 1 of 3 used Prepare a partial bond wortization for the first two werest payments suming that interest is paid on July 1 and Lanuary and that the bonds sold when the market interest rate was en went to decimal 5.275) ORIOLECORP Bond Amortization On January 1, 2021 Sem annual Premium Discount interest Amortization Periods Interest Payment Jan 1721 July 3 1/21 an 1/22

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