Question: Please solve this fast,its very urgent..Thank u Problem solving question: Bonds Payable (CLO# 2) O'Malley Company issued $800,000 of 8% bonds on January 1, 2021

Please solve this fast,its very urgent..Thank u

Problem solving question: Bonds Payable (CLO\# 2) O'Malley Company issued $800,000 of 8% bonds on January 1, 2021 for $785,124 due on December 31 , 2024. The interest is to be paid twice a year on December 31 and June 30 . The bonds were sold to yield 10% effective annual interest O'Malley Company closes its books annually on December 31 Instructions (a) Complete the amortization schedule for the period from January 1, 2021 to December 31,2021. (Round all answers to the nearest dollar.) Use the effectivo int.... (b) Prepare the adjusting entry for December 31, 2021. Use the effective-interest method. (c) Compute the interest expense to be reported in the income statement for the year ended Decemby 31,2021

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