Indicate whether the amortization schedule is based on the straight-line method or the effective-interest method.

Determine the stated interest rate and the effective-interest rate. (Round answers to 0 decimal places, e.g. 18%.)

On the basis of the schedule above, prepare the journal entry to record the issuance of the bonds on January 1, 2011. (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.)

On the basis of the schedule above, prepare the journal entry to reflect the bond transactions and accruals for 2011. (Interest is paid January 1.) (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.)

On the basis of the schedule above, prepare the journal entries to reflect the bond transactions and accruals for 2018. Shamrock Corporation does not use reversing entries. (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.)

The following amortization and interest schedule reflects the issuance of 10-year bonds by Shamrock Corporation on January 1, 2011, and the subsequent interest payments and charges. The company's year-end is December 31, and financial statements are prepared once yearly Amortization Schedule Amount Unamortized Carrying Value Year Cash Interest $21,517168,883 170,109 171,482 173,020 174,742 176,671 178,832 181,252 183,962 186,997 190,400 1/1/2011 2011 $19,040 2012 2013 2014 2015 2016 2017 2018 2019 2020 19,040 19,040 19,040 19,040 19,040 19,040 19,040 19,040 19,040 $20,266 20,413 20,578 20,762 20,969 21,201 21,460 21,750 22,075 22,443 20,291 18,918 17,380 15,658 13,729 11,568 9,148 6,438 3,403