I need entry B and *B for 12/31/2019

Several years ago Brant, Inc, sold $800,000 in bonds to the public. Annual cash interest of 8 percent ($64,000) was to be paid on this debt. The bonds were issued at a discount to yield 10 percent. At the beginning of 2019, Zack Corporation (a wholly owned subsidiary of Brant) purchased $100,000 of these bonds on the open market for $121,655, a price based on an effective interest rate of 6 percent. The bond liability had a carrying amount on that date of $668,778. Assume Brant uses the equity method to account internally for its investment in Zack a. & b. What consolidation entry would be required for these bonds on December 31, 2019 and December 31, 2021? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to nearest whole number.) ook 6 view transaction list Consolidation Worksheet Entries 1 2 Prepare Consolidation Entry B to account for these bonds on December 31, 2019. Note: Enter debits before credits. Date Accounts Debit Credit December 31, 2019 Record entry int rences Clear entry view consolidation entries 2 Several years ago Brant, Inc., sold $800,000 in bonds to the public. Annual cash interest of 8 percent ($64,000) was to be paid on this debt. The bonds were issued at a discount to yield 10 percent. At the beginning of 2019, Zack Corporation (a wholly owned subsidiary of Brant) purchased $100,000 of these bonds on the open market for $121,655, a price based on an effective interest rate of 6 percent. The bond liability had a carrying amount on that date of $668,778. Assume Brant uses the equity method to account internally for its Investment in Zack. a. & b. What consolidation entry would be required for these bonds on December 31, 2019 and December 31, 2021? (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermediate calculations and final answers to nearest whole number.) eBook Pret view transaction list Consolidation Worksheet Entries