hello can you answer it in the audit way

PROBLEM 1

The client is authorized to issue 200 bonds, with par value of P1,000 each. The bonds were dated May 1,2015 and are due May 1,2025. Interest at 12% annum is due semi-annually on May 1 and November 1. The December 31,2017 balance of P95,000 represents proceeds on issue of 100 bonds on November 1,2016.

Client's Ledger
Date	Documents/Transactions	Bonds Payable		Interest Expense
		Debit	Credit	Debit	Credit
12/31/17 05/01/18 07/01/18 11/01/18	Balance CV - 120 Issuance (20 bonds) CV - 531		P95,000 21,000	P6,000 7,200	P 400

do audit checking to verify if the amount stated is correct and write the correct entries

PROBLEM 1 The client is authorized to issue 200 bonds with par value of P1.000 each. The bonds were dated May 1.2015 and are due May 1.2025. Interest at 12% annum is due semi-annually on May 1 and November 1. The December 31,2017 balance of P95.000 represents proceeds on issue of 100 bonds on November 1, 2016, Client's Ledger Bonds Payable Interest Expense Date Documents/Transactions Debit Credit Debit Credit P95,000 P6,000 12/31/17 Balance 05/01/18 CV. 120 07/01/18 Issuance (20 bonds) 11/01/18 CV. 531 21.000 P 400 7,200