plz need urgent

Effective Interest versus Straight-Line Premium Amortization Chart of Accounts General Joumal Instructions On October 1, 2016. Ball Company issued 9% bonds dand October 1, 2016, with a face amount of $100,000 The bonds mature in 8 years, Interest is paid semiannually on March 31 and September 30. The proceeds from the bond issuance were $101,131 59 to yield e 80Ball Company has a December 31 trocal year. end and does not use reversing entries. Required: 1. Prepare journal enties to record the issuance of the bonds and the interest payments for 2016 and 2017 using the effective interest method 2. Prepare journal entries to record the issuance of the bonds and the interest payments for 2016 and 2017 using the straight-ne method INTL General Joumal actions Dart of Accounts CHART OF ACCOUNTS Ball Company General Ledger ASSETS REVENUE 111 Cash 411 Sales Revenue 121 Accounts Receivable 141 Inventory 152 Prepaid Insurance 181 Equipment EXPENSES 500 Cost of Goods Sold 511 Insurance Expense M ve Interest versus Straight-Line Premium Amortization General Joumal actions Cart of Accounts 181 Equipment 198 Accumulated Depreciation LIABILITIES 211 Accounts Payable 231 Salaries Payable 250 Unearned Revenue 255 Bonds Payable 256 Premium on Bonds Payable 257 Discount on Bonds Payable 258 Interest Payable 511 Insutance Expense 512 Usnes Expense 521 Satanes Expense 532 Bad Debt Expense 540 Interest Expense 541 Depreciation Expense 559 Miscellaneous Expenses 910 Income Tax Expense Effective Interest versus Straight-Line Premium Amortization General Joumal 359 Viscos Expenses 910 Income Tax Expense se Instructions Chart of Accounts Or 20 ur Rent 255 Bonds Payable en 256 Premium on Bonds Payable 257 Discount on Bonds Payable 258 Interest Payable 261 Income Taxes Payable EQUITY 311 Common Stock 331 Retained Earnings General Journal Prepare journal entries to record the issuance of the bonds and the interest payments for 2016 and 2017 using the effective interest method Adsons FACE GENERAL JOURNAL DEN CREDIT DATE ACCOUNT TITLE POSTRE Instructions General Journal Prepare journal entries to record the issuance of the bonds and the interest payments for 2016 and 2017 using the straight line method. do MOE GENERAL JOURNAL CREDIT ACCOUNT TITLE POSTRE DATE