Excel

El 4-10 (Lol) (Entries for Bond Transactions) On January 1, 2017, Aumont Company sold 12% bonds having a maturity value of $500,000 for S53790737, which provides the bondholders with a 10% yield. The bonds are dated January 1, 2017, and mature January 1, 2022, with interest payable December 31 of each year. Aumont Company allocates interest and unamortized discount or premium on the effective-interest basis Instructions (Round answers to the nearest cent.) (a) Prepare the journal entry at the date of the bond issuance. (b) Prepare a schedule of interest expense and bond amortization for 2017-2019 (c) Prepare the journal entry to record the interest payment and the amortization for 201:7 (d) Prepare the journal entry to record the interest payment and the amortization for 2019