Q 2 - Mahala Corporation issued 5,000, 9%, 5-year, $1,000 bonds dated January 1, 2020, at 100. (a). Prepare the journal entry to record the sale of these bonds on January 1, 2020. (b). Prepare the adjusting journal entry on December 31, 2020, to record interest expense. (c). Prepare the journal entry on January 1, 2021, to record interest paid. Q 5 - Talib Company purchased 20% of Qasim Company on January 1, 2020, by paying $800,000 for 40,000 shares. Qasim declared and paid a $0.50 per share cash dividend on June 30 and again on December 31, 2020. For the current year, Qasim reports net income of $150,000 and declares and pays a $50,000 cash dividend. At December 31, 2020, the market price of Qasim common stock was $14 per share. Prepare the journal entries for Talib's for 2020, assuming Talib's cannot exercise significant influence over Qasim