need help with this questions please break down the parks and the account titles for these.

Moon Company issued $500.000, 10%, 5-year bonds on January 1, 2020, at 108. Interest is payable annually on January 1 Moon uses the effective-interest method of amortization and has a calendar year-end and the bonds were issued for an effective interest rate of 8% Prepare all journal entries made in 2020 related to the bond issue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually) 2020 Account Titles and Explanation Debit Credit Jan Cash 540,000 Bonds Payable 500.000 Premium on Bonds Payable 30.000 Dec 31 Interest Expense 43.200 Premium on Bonds Payable 6.800 Interest Payable 50,000