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Prepare a schedule of interest expense and bond amortization for 2 0 2 5 - 2 0 2 7 . ( Round answer to 2

Prepare a schedule of interest expense and bond amortization for 2025-2027.(Round answer to 2 decimal places, e.g.38,548.25.
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PaidOn January 1,2025, Carla Company sold 11% bonds having a maturity value of $500,000.00 for $518,953.45, which provides the bondholders with a 10% yield. The bonds are dated January 1,2025, and mature January 1,2030, with interest payable December 31 of each year. Carla Company allocates interest and unamortized discount or premium on the effective-interest basis.
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(a)
Prepare the journal entry at the date of the bond issuance. (Round answer to 2 decimal places, e.g.38,548.25. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.)
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