Please show all work and calculations.

CALCULATOR PRINTER VERSION (BACK NEXT Problem 14-05 In each of the following independent cases, the company doses its books on December 31. Monty Co. sells s462,000 of 10% bonds on March 1, 2020. The bonds pay interest on September 1 and March 1. The due date of the bonds is September 1, 2023. The bonds yield 12%. Give entries through December 31, 2021. Prepare a bond amortization schedule using the effective-interest method for discount and premium amortization. Amortize premium or discount on interest dates and at year-end. (Round answers to 0 decimal places, eg. 38,548.) Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Cash Paid Carrying Amount of Bonds Interest Discount Amortized Date Expense 1/20 9/1/20 3/1/21 9/1/21 3/1/22 9/1/22 3/1/23 9/1/23 Prepare all of the relevant journal entries from the time of sale until December 31, 2021. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and the final answers to 0 decimal places e.g. S8,971. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 3/1/20 Prepare all of the relevant journal entries from the time of sale until December 31, 2021. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 decima places, e.g. 1.25124 and the final answers to 0 declmal places e.g. 58,971. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically Indented when amount is entered. De not indent manually.) Date Account Titles and Explanation Debit Credit 3/1/20 3/1/21 NEATT Flounder Co. sels $423,000 of 12% bonds en June 1, 2020. The bonds pay interest on December 1 and Aune 1. The due date of the bonds is June 1, 2024, The bonds yield 10%. On October 1, 2021, Fleunder buys back $131,130 worth of bends for $136,130 (ncludes accrued interest). Give entries through December 1, 2022. Prepare a bend amortiration schedule using the effective-interest methed for discount and premium amertization. Amortize premium or discount on interest dates and at yearend. (Round answers to o decimal places, eg. 38,548.) Schedule of Bond Discount Amortization Effective-Interest Method Bonds Sold to Yield Interest Expense Premium Amortized Carrying Amount of Bonds Cash Date Paid 6/1/20 12/1/20 6/1/21 12/1/21 6/1/22 12/1/22 6/1/23 12/1/23 6/1/24 * Diference due to rounding Prepare all of the relevant journ LUJ Helo I Svstem Announcements CALCULATOR PRINTER VERSION BACK NEXT Prepere all of the relevant journal entries from the time of sale until December 31, 2022. (Assume that no reversing entries were made.) (Round present value factor calculations to 5 declmal places, eg. 1.25124 and the final answers to O decimal places eg. 58,971. If no entry s required, select "No Entry" for the acceunt titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. De not Indent manually.) Date Account Titles and Explanation Debit Credit /20 12/1/20 12/31/20 1/21 10/1/21 (To record interest expense and premium amortization) 10/1/21 16.18455 CALCULATOR PRINTER VERSTON 1BACK NEXT 10/1/21 (To record buy back of bonds) 12/1/21 12/31/21 6/1/22 12/1/22 SHOW LIST O ACCOUNTS LINK TO TET LIN TO TET