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Following are the non-strategic inveitment transactions of Corona inc. For any debt investment, they will be classified and recorted under the amortized cost method 2021

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Following are the non-strategic inveitment transactions of Corona inc. For any debt investment, they will be classified and recorted under the amortized cost method 2021 3an. 1 Wunchased for 392,110 an 9,05,397,000 hand that matures in 21 years from Hana Corparat lon when the aarket interest cate mas li.48. There was a \$50 transactian tee included in the above noted payeent anourt. Interest is. pald semianniually. beginnleg June 30 , 2023. the arquisition was made with inteation to hold to aturity. June 30 feceived laterest on the Hanina bond. July 1 Paid 5127,600 for a Trust toc. bond with a par yalue af 5132,000 and a slateen-yearis terim. The bonid pays intarest. 9.25. There was a \$50 trannaction fee. included in the above-noted paynent amount. Sept. 30 lleceived interest on the Trust bond. Dec. 31. Heceived interest on the Hanna and Trust bonds. 31. The fair values of the bands on this date equalled the fair values. Required: 1. For each of the bond investiments, prepare an amortization schedule showing only 2023 and 2024 . (Round your intermediote ond final answers to the neorest. whole dollar amount. Enter all the amounts as positive values.) Partial Amortization Schedule - Trust Bond: 2. Prepare the entries to record the transactions described above. (Enter all the amounts as positive values. Do not round ntermediote calculations and round your final answers to the nearest dollar.) Journal entry worksheet 5 Record the purchase of a 21 years, 9.0%,$87,000 bond to be held as a long: term irvestment. Note; Lnter debits before ciedis. 3. Show how the investments would be reported on Corona's December 31, 2023. balance sheet. (Do not round intermediote colculations and round your final answer to the nearest dollar.)

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