please answer all 3 questions, #5, #7 & #9

Paulson Compary issues 9%, four-year bonds, on Jancary 1 of this year, with a par value of $101000 and semiannual interest payments. Use the above straight-line bond amortization fable and prepare joumal centries for the following. (a) The lasuance of bonds on January 1 . (b) The first incerest payment on June 30 . (c) The second interest payment on Docember 31 (a) The issuance of bonds on January 1 . (b) The first interest payment on June 30 (c) The second interest payment on December 31. Journal entry worksheet Record the issuance of the bonds on January 1. Nete: Enter debits before credits (a) Ine issuacse of bends on January 1. (b) The firstinterest payment on June 30 (c) The second interest payment on December 31. Journal entry worksheet Record the fins interest payment on June 30. Nute thier detas before orests. (a) The issuance of bonds on January 1 (b) The first interest payment on June 30 (c) The second interest paymient an December 31 Journal entry worksheet Mecord the second interest parment on December 31. boce f neer setits befere crests. Wookie Company issues 9k, five-year bondh, on January 1 of this year, with a par vwlue of $96,000 and semiannuat interest payments Use the above straight ine bond amorization table and prepare jeumat entries for the following (a) The issuance of bands on January 1. (b) The first interest poyment on June 30 (c) The second interest payment on December 31 (a) the issuance of bonds on January 1 (b) The first interest payment on June 30. (c) The second interest payment on December 31 Journal entry worksheet 3 Record the issuance of the bonds on January 1. Noter Enter dephts before crechts (a) the issuance of bonds on January 1 (b) The first interest payment on June 30 . (c) The second interest poyment on December 31 Journal entry worksheet Record the first interest payment on June 30. Notel Enter debins befoe sredas. (a) The issuance of bonds on January 1 , (b) The first interest payment on June 30 . (c) The second interest payment on December 31. Journal entry worksheet Record the second interest poyment on December 31 . Note: fater debtis beftere oredits. Montclair Company is considering a project that will require a $510,000 loan. it presenty has total liabiries of $215,000 and totai assets of $625,000 project. 2. If Montclair borrows the funds, does its financing structure bocome more or lew rishy