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Please help. Required information [The following information applies to the questions displayed belows] Hillside issues $2.600,000 of 5%,15 year bonds dated January 1,2021 , that

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Required information [The following information applies to the questions displayed belows] Hillside issues $2.600,000 of 5%,15 year bonds dated January 1,2021 , that pay interest semlannually on June 30 and December 31 . The bonds are issued ot a price of $2.246,690 Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. 2(a) For each semiannual period, complete the table below to calculate the cash paryment 2(b) For each semiannual period, complete the table below to calculate the straight line discount amortization. 2(c) For each semiannual period, complete the table below to calculate the bond interest expense 3. Complete the below table to calculate the total bond interest expense to be recognized over the bonds' afe. 4. Prepare the first two years of a straight-line amortization table. 5. Prepare the journal entries to record the first two interest panments. Complete this question by entering your answers in the tabs below. Ellis Company issues 9.0%, five-year bonds dated January 1,2021, with a $410,000 par value. The bonds pay interest on June 30 and December 31 and are issued at a price of $426,627. The annual market rate is 8% on the issue date. Required: 1. Calculate the total bond interest expense over the bonds' life. 2. Prepare a straight-line amortization tabile for the bonds' life. 3. Prepare the journal entries to record the first two interest payments Complete this question by entering your answers in the tabs below. Prepore the journal entries to record the flist two interest payments. Journal entry worksheet Pecord the first interest payment on June 30. The following information is available for both Pulaski Company and Scott. Company at the current year-end. Required: 1. Compute the debt-to-equity ratio for both companies. 2. Which company has the riskier financing structure? Complete this question by entering your answers in the tabs below. Compute the debt-to-equity ratio for both companies

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