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please do the following instructions in a very clear way and with little explantion sobthat i can understand easily. thank you ! Class Exercise-Chapter 10

please do the following instructions in a very clear way and with little explantion sobthat i can understand easily. thank you ! image text in transcribed
Class Exercise-Chapter 10 Regal Industries issued 60,000 $ 100 face value of 996, 10-year bonds on April 1 2000. The coupon interest payments are paid on semi-annually 1 Assuming that all the bonds were issued at par: a. Prepare the journal entry to record issuance of the bonds on April 1, 2000. b. Prepare the journal entries on first payments on September 30, 2000 c. Prepare the Adjusting entries for the year ended of December 31, 2000. d. Show the extract of the liabilities shown of Regal at December 31, 2000, with respect to these bonds? 2 Assuming that all the bonds were issued at $95: a. Prepare the journal entry to record issuance of the bonds on April 1, 2000 b. Prepare the journal entries on first payments on September 30, 2000. c. Prepare the Adjusting entries for the year ended of December 31, 2000. d. Show the extract of the liabilities shown of Regal at December 31, 2000, with respect to these bonds

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