\f\f\f\f! Required Information [The following Information applies to the questions displayed below.] Legacy issues $560,000 of 9.0%, four-year bonds dated January 1, 2021, that pay Interest semiannually on June 30 and December 31. They are issued at $507,831 when the market rate Is 12%. 3. Prepare a straight-line amortization table for the bonds' first two years. (Round your Intermediate and final answers to the nearest whole dollar.) Semiannual Period-End Unamortized Discount Carrying Value 01/01/2021 08/30/2021 12/31/2021 06/30/2022 12/31/2022! Required Information [The following Information applies to the questions displayed below.] Legacy issues $560,000 of 9.0%, four-year bonds dated January 1, 2021, that pay Interest semiannually on June 30 and December 31. They are issued at $507,831 when the market rate Is 12%. 3. Prepare a straight-line amortization table for the bonds' first two years. (Round your Intermediate and final answers to the nearest whole dollar.) Semiannual Period-End Unamortized Discount Carrying Value 01/01/2021 08/30/2021 12/31/2021 06/30/2022 12/31/2022\f\f\f\fJournal entry worksheet Record the interest payment and amortization on December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journalJournal entry worksheet Record the interest payment and amortization on December 31. Note: Enter debits before credits. Date General Journal Debit Credit December 31 Record entry Clear entry View general journalOn January 1, 2021, Norwood borrows $540,000 cash from a bank by signing a five-year Installment note bearing 7% Interest. The note requires equal payments of $131,701 each year on December 31. Required: 1. Complete an amortization table for this Installment note. 2. Prepare the Journal entries In which Norwood records the following: (a) Norwood borrows $540,000 cash by signing a five-year, 7% Installment note. (b) Record the first Installment payment on December 31, 2021. (c) Record the second Installment payment on December 31, 2022. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Complete an amortization table for this installment note. (Round your intermediate calculations to the nearest dollar amount.) Period Ending Beginning Debit Interest + Debit Notes Payable Credit Cash Date Balance Expense Ending Balance 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 TotalOn January 1, 2021, Norwood borrows $540,000 cash from a bank by signing a five-year Installment note bearing 7% Interest. The note requires equal payments of $131,701 each year on December 31. Required: 1. Complete an amortization table for this Installment note. 2. Prepare the Journal entries In which Norwood records the following: (a) Norwood borrows $540,000 cash by signing a five-year, 7% Installment note. (b) Record the first Installment payment on December 31, 2021. (c) Record the second Installment payment on December 31, 2022. Complete this question by entering your answers in the tabs below. Req 1 Reg 2 Complete an amortization table for this installment note. (Round your intermediate calculations to the nearest dollar amount.) Period Ending Beginning Debit Interest + Debit Notes Payable Credit Cash Date Balance Expense Ending Balance 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025 Total\f\f\f\f\f\f\f\f\f\fThe following Information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company Scott Company Total assets $ 2,304,909 $ 1, 173, 090 Total liabilities 855,090 549,090 Total equity 1, 449, 890 624,090 Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskler financing structure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the debt-to-equity ratio for both companies. Choose Numerator: Choose Denominator: Debt-to-Equity Ratio Pulaski Company = Scott Company The following Information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company Scott Company Total assets $ 2,304,909 $ 1, 173, 090 Total liabilities 855,090 549,090 Total equity 1, 449, 890 624,090 Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskler financing structure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the debt-to-equity ratio for both companies. Choose Numerator: Choose Denominator: Debt-to-Equity Ratio Pulaski Company = Scott Company The following Information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company Scott Company Total assets $ 2,304,800 $ 1, 173, Gee Total liabilities 855,890 549, 090 Total equity 1, 449, 890 624,090 Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskler financing structure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which company has the riskier financing structure? Which company has the riskier financing structure? The following Information is available for both Pulaski Company and Scott Company at the current year-end. Pulaski Company Scott Company Total assets $ 2,304,800 $ 1, 173, Gee Total liabilities 855,890 549, 090 Total equity 1, 449, 890 624,090 Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskler financing structure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Which company has the riskier financing structure? Which company has the riskier financing structure? \f\f\f\f\f\f\f\f\f\f\f\f\f\f