Question #1 On January 1, 2019, Morales Company purchased 6 % bonds having a maturity value of $250,000, for $268,149.48. The bonds provide the bondholders with a 4% yield . They January 1, 2023, with interest receivable January 1 of each year. Morales Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. dated January 1, 2019, and mature are Required: 1) Prepare the journal entry at the date of the bond purchase. 2) Prepare a bond amortization schedule. 3) Prepare the journal entry to record the interest revenue and the amortization at December 31, 2019. 4) Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020. Question #2 On January 1, 2019, Moses Company purchased 6% bonds having a maturity value of $325,000, for $281,262.30. The bonds provide the bondholders with a 9% yield. They interest receivable January 1 of each year. Moses Company uses the effective-interest method to allocate unamortized discount or premium. The bonds are classified in the held-to-maturity category. are dated January 1, 2019, and mature January 1, 2025, with Required: 1) Prepare the journal entry at the date of the bond purchase. 2) Prepare a bond amortization schedule. 3) Prepare the journal entry to record the interest revenue and the amortization at December 31, 2019 4) Prepare the journal entry to record the interest revenue and the amortization at December 31, 2020