Please solve these two problems!

Brief Exercise 14-7 On January 1, 2017, Monty Corporation issued $520,000 of 7% bonds, due in 10 years. The bonds were issued orS558 684, and pay interest each July 1 and Januar . Thee ective-interest ateis 6%, pare the company's ournal entries for a the January 1 issuance, b the July 1 nterest payment, and e the December 31 adjusting e tr r Monty uses the e ective nteres me od RO n ter ned calculations to 6 decimal places, e.g. 1.251247 and final answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Date Account Titles and Explanation Debit Credit (a) January 1, 2017 (b) July 1, 2017 (c) December 31, 2017 Click if you would like to Show Work for this question: Qpen Show Work Brief Exercise 14-13 Pronghorn Corporation issued a 4-year, $44,000, zero-interest-bearing note to Garcia Company on January 1, 2017, and received cash of $44,000. In addition, Pronghorn agreed to sell merchandise to Garcia at an amount less than regular selling price over the 4-year period. The market rate of interest for similar notes is 15% Prepare Pronghorn Corporation's January 1 journal entry. (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit anuary 1, 2017 Click if you would like to Show Work for this question: Open Show Work