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help with part b please RESOURCES ICOS Problem 14-02 (Part Level Submission) Ayayal Co. is building a new hockey arena at a cost of $2,750,000.

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RESOURCES ICOS Problem 14-02 (Part Level Submission) Ayayal Co. is building a new hockey arena at a cost of $2,750,000. It received a downpayment of $470,000 from local businesses to support the project, and now needs to borrow $2,260,000 to complete the project. I therefore decides to issue $2.200,000 of 10%, 10-year bonds. These bonds were issued on January 1, 2019, and pay interest annually on each January 1. The bonds yield 9% os (a) 09. (at oslon OR 9 Your answer correct Prepare the journal entry to record the insuance of the bonds on January 1, 2019. (Round present value factor calculations to decimal place, ag. 1.25124 and the final answer to decimal places a 38,971, 17 ne entry is required, walect "We try for the account title and enter for the amounts Credit account tes are automatically indented when amount is entered. Do not indent mually) Date Account Titles and Explanation Debit Credit January 1, 2019 CM 2426321 07 tu 2280000 Bonds Payable Premium on Bonds Pay 146321 SHOW UNT FACCOUNTS HOW SOLUTION ET TE LINK TO TY Attempts 1 of Sused 20-RS-N.docx TNT 320-RS.Ndocx Show All BAL NEXT Your answer is partially correct. Try again SOURCES 01 2 im 6 Z/Part 2. Part son Pan Prepare a bond amortization schedule up to and including January 1, 2023, using the effective interest method. (Round answers to decimal places, e.g. 38, 548.) Cash Carrying Interest Date Premium Amount of Paid Expense Amortization Bonds 1/1/19 2750000 1/1/20 228000 1/1/21 4 5 2 228000 1/1/22 228000 by Study 1/1/23 228000 SHOW LIST OF ACCOUNTS LINK TO TEXT LINE TO TEXT Attempts: 2 of 5 used SAFOR LATER SUBMIT ANSWER (c) The part of the question must be completed in row. This part will be avaible when you complete the part above 3-RS- Ndoc D ENT-320-RS.N.docx Show All

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