Instructions On January 1, 2019, Calvert Company issues 11%, $600,000 face value bonds for $621,525.15, a price to yield 9%. The bonds mature on December 31, 2020. Interest is paid semiannually on June 30 and December 31. Required: 1. Prepare a bond interest expense and premium amortization schedule using the straight-line method. 2. Prepare a bond interest expense and premium amortization schedule using the effective interest method. 2 Dronare the lournal antriee to record the internet naumante on luna 30 2010 and Dacamhar General Journal Analysis Shaded cells have feedback. Bond Interest Expense and Premium Amortization Schedule Straight-Line Method Interest Expense Unamortized Book Value of Cash Credit Debit Premium Debit Bonds 1 Date 2 01/01/19 $621,525.15 3 06/30/19 4 12/31/19 5 06/30/20 6 12/31/20 5,381.28 Analysis Shaded cells have feedback. ONCOUNTAIN Bond Interest Expense and Premium Amortization Schedule Effective Interest Method Book Value of 1 Date Cash Credit Interest Expense Debit Unamortized Premium Debit Bonds 2 01/01/19 3 06/30/19 4 12/31/19 5 06/30/20 LA General Journal Shaded cells have feedback. GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF. DEBIT 1 2 3 4 5 ON General Journal Shaded cells have feedback. GENERAL JOURNAL DATE ACCOUNT TITLE POST. REF. DEBIT 1 2 3 4 5 6 Shaded cells have feedback