Question: please help me to fix the wrong answers Exercise 14-9 (Part Level Submission) On June 30, 2017, Bramble Company issued $5,000,000 face value of 13%,

please help me to fix the wrong answers
Exercise 14-9 (Part Level Submission) On June 30, 2017, Bramble Company issued $5,000,000 face value of 13%, 20-year bonds at $5,376,148, a yield of 12%. Bramble uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31. (a) Your answer is correct. Prepare the journal entries to record the following transactions. (Round answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) (1) The issuance of the bonds on June 30, 2017. (2) The payment of interest and the amortization of the premium on December 31, 2017. (3) The payment of interest and the amortization of the premium on June 30, 2018. (4) The payment of interest and the amortization of the premium on December 31, 2018. No. Date Account Titles and Explanation Debit Credit 7 (1) June 30, 2017 Tcash 5376148 Bonds Payable 5000000 N Premium on Bonds Payable 376148 (2) December 31, 2017 Interest Expense Premium on Bonds Payable Cash 325000 (3) June 30, 2018 Interest Expense Premium on Bonds Payable Cash 325000 (4) December 31, 2018 Interest Expense Premium on Bonds Payable 2 Cash 325000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 2 of 3 used (b) Your answer is partially correct. Try again. Show the proper balance sheet presentation for the liability for bonds payable on the December 31, 2018, balance sheet. (Round answers to o decimal places, e.g. 38,548.) Bramble Company Balance Sheet December 31, 2018 Long-term Liabilities Bonds Payable . 5,000,000 Premium on Bonds Payable 376,148 Book Value of Bonds Payable 5376148 Click if you would like to Show Work for this question: Open Show Work
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