wally corporations has a december 31 as a fiscal year. on jan 2018, wally purchased 10% corporation bonds with a maturity value of $400000.busan provide bondholders with a yield of 8% and will mature on december 2021.the bond pay interest on June 30 and December 31. the bond has market value of $422000 at the year end of 2018.

a/Complete the amortization schedule in busan books

b/On June 30, 2019, Wally sold Busan bonds for $419,000. Prepare the journal and closing entries on the sale of bonds

c/ Based on question (c), complete the partial Balance Sheet as of June 30, 2019. Show all calculations for full marks. (6 marks)