PROBLEM II Part 1 On April 1, 2019 Berry Corporation issued an $8.000.000, 10-year, 6% bond at 94 because the market rate of interest on that date was 8%. Interest is payable semi-annually. REQUIRED: Make the necessary journal entries for the following dates: Apr. 1, 2019: The day the bond was issued. Sept. 30, 2019: The first interest payment under the straight-line method of bond discount amortization Sept. 30, 2019: The first interest payment under the effective interest method of bond discount amortization. Dec. 31, 2019: The necessary adjusting entry under the straight-line method. Dec 31, 2019 The closing entry under the straight-line method of amortization. Part II Let's say that on April 1, 2019 Berry Corporation issued an $8,000,000, 10-year, 8% bond at 105 because the market rate was 6%. Interest is payable semi-annually. REQUIRED: Make the necessary journal entries for the following dates: Apr. 1, 2019: The day the bond was issued. Sept. 30, 2019: The first interest payment under the straight-line method of bond discount amortization. Sept. 30, 2019: The first interest payment under the effective interest method of bond discount amortization. Dec 31, 2019: The necessary adjusting entry under the straight-line method. Dec 31, 2019 The closing entry under the straight-line method of amortization