please answer both

Question 5: Candle Lake Company issued $500,000 of 8%, 5-year bonds on January 1, 2021. The market rate of interest is 6%. Interest is payable semi-annually on June 30 and December 31. Instructions: . Prepare the journal entries to record the following events: The issuance of the bonds on January 1 Ne payment of interest expense at June 30 The payment of interest expense at December 31 . Round amounts to the nearest dollar. Show ALL calculations for full marks. Yorkton Inc. issued a 20-year, 5%, $1,000,000 mortgage note payable to finance construction of a new building on December 31, 2021. The terms provide for semi- annual instalment payments on June 30 and December 31. Instructions: Prepare the journal entries to record the mortgage note payable and the first two instalment payments assuming the payment is: a. A fixed principal payment of $25,000 b. A blended payment of $39,836 Round amounts to the nearest dollar. Show ALL calculations for full marks