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Hello I need help with the assignment attached, thanks Exercise 14-9 (Part Level Submission) On June 30, 2017, Shamrock Company issued $4,900,000 face value of

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Hello I need help with the assignment attached, thanks

image text in transcribed Exercise 14-9 (Part Level Submission) On June 30, 2017, Shamrock Company issued $4,900,000 face value of 13%, 20-year bonds at $5,268,625, a yield of 12%. Shamrock uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. (a) Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) (2) (3) (4) No . The The The The issuance of the bonds on June 30, 2017. payment of interest and the amortization of the premium on December 31, 2017. payment of interest and the amortization of the premium on June 30, 2018. payment of interest and the amortization of the premium on December 31, 2018. Date (1) June 30, 2017 (2) December 31, 2017 (3) June 30, 2018 (4) December 31, 2018 Account Titles and Explanation Debit Credit

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