On June $30,2021,$ Bank of Zambia $($BOZ$)$ issued K$5,000,000$ face value of $13\%,20-$year bonds to yield $11\%.$ The bonds pay semiannual interest on June $30$ andDecember $31.$ ABSA bought this bondRequired$1.$ Calculate the bond value and prepare the journal entries to record the followingtransactions.a$).$ The issuance of the bonds on June $30,2021.$ By BOZ.b$).$ The Purchase of the bonds on June $30,2021.$ By ABSA$\mathrm{.}2.$ Prepare a $20$ bond amortization schedule for ABSA in excel$3.$ Prepare a $20$ bond amortization schedule for BOZ in excel$4.$ Prepare the journal entries for the payment of interest and the interest expenseby BOZ on December $31,2021$ and June $30,2025\mathrm{.}5.$ Prepare the journal entries for the receipt of interest and the interest revenueexpense by ABSA on December $31,2024$ and June $30,2026\mathrm{.}6.$ Show the proper statement of financial position presentation for the liability forbonds payable by BOZ on the December $31,2022,$ statement of financial position$\mathrm{.}7.$ Show the proper statement of financial position presentation for the Investmentfor bonds receivable by ABSA on the December $31,2022,$ statement of financialposition$\mathrm{.}8.$ Provide the answers to the following questions.a$.$ What amount of interest expense is reported for $2028$ by BOZ?b$.$ Determine the total revenue that ABSA will gain of buying this bond over thelife of the bond$\mathrm{.}9.$ Assuming ABSA bought the above bond for trading, Write a short memo,explaining how the accounting for the bond will differ$10.$ On August $1,$ Mary buys $1,000$ ordinary shares of Puma for at K$10$ each. OnOctober the share price increases to K$15$ and on November $30$ the price reduced to$13.$ December $1,$ Mary sells the share investments for cash at the price of $13.$a$)$ Journalize change in price on each of the dates when the price changed and onthe date of the sale of the ordinary shares assuming that Mary was holding sharesfor tradingb$)$ Journalize change in price on each of the dates when the price changed and onthe date of the sale of the ordinary shares assuming that Mary was holding sharesfor collection