Question: Please show all work. Thanks! Presented below is an amortization schedule related to Mets Company's 5-year, $100,000 bond with a 5% interest rate and a

Please show all work. Thanks!

Presented below is an amortization schedule related to Mets Company's 5-year, $100,000 bond with a 5% interest rate and a 6% yield, purchased on December 31, 2010, for $95, 788. The following schedule presents a comparison of the amortized cost and fair value of the bonds at year-end. Instructions (a) Prepare the journal entry to record the purchase of these bonds on December 31, 2010, assuming the bonds are classified as held-to-maturity securities. (b) Prepare the journal entry(ies) related to the held-to-maturity bonds for 2011. (c) Prepare the journal entry(ies) related to the held-to-maturity bonds for 2013. (d) Prepare the journal entry(ies) to record the purchase of these bonds, assuming they are classified as available-for-sale. (e) Prepare the journal entry(ies) related to the available-for-sale bonds for 2011. (f) Prepare the journal entry(ies) related to the available-for-sale bonds for 2013

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