Question: Please help by explaining how to get each number and calculation. Will rate. same information as in El that Celine Dion Company uses the effective-interest

Please help by explaining how to get each number and calculation. Will rate.

Please help by explaining how to get each number and calculation. Will

rate. same information as in El that Celine Dion Company uses the

same information as in El that Celine Dion Company uses the effective-interest method of amortization for bond premium or discount. Assume an effec- tive yield of 9.7705%. Instructions Prepare the journal entries to record the following. (Round to the nearest dollar) (a) (b) (c) The issuance of the bonds. The payment of interest and related amortization on July 1, 2017. The accrual of interest and the related amortization on December 31, 2017

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