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Flounder Co. sells $514,000 of 8% bonds on March 1,2020. The bonds pay interest on September 1 and March 1 . The due date of

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Flounder Co. sells $514,000 of 8% bonds on March 1,2020. The bonds pay interest on September 1 and March 1 . The due date of the bonds is September 1,2023. The bonds yield 12%. Give entries through December 31,2021 . Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end, (Round answers to 0 decimal places, e. 3.38,548. ) Prepare all of the relevant journal entries from the time of sale until December 31, 2021. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answers to 0 decimal places eg. 58.971. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are outomatically indented when amount is entered. Do not inderd manually.) Question23/1/21 Question4of6 MacBook Pro Culver Co. sells $376,000 of 12% bonds on June 1,2020 . The bonds pay interest on December 1 and June 1 . The due date of the bonds is June 1, 2024. The bonds yield 8%. On October 1, 2021. Culver buys back $116,560 worth of bonds for $120,560 (includes accrued interest). Give entries through December 1,2022. Prepare a bond amortization schedite using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest daters and int year-end. (Round answers to 0 decimal places, e.g. 38,548.) - Difference due to rounding Prepare all of the relevant journal entries from the time of sale until December 31, 2022. (Assume that no reversing entries we made.) (Round present value factor calculations to 5 decimal places, eg. 1.25124 and the final answers to 0 decimal places eg. 58,971 no entry is required, select "No Entry. (ort the account titles and enter of for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) 12/1/21 12/31/21 6/1/22 12/1/22 MacBook Pro

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