Required information Exercise 10-9 Straight-Line: Bond computations, amortization, and bond retirement L O P2, P4 The following information applies to the questions displayed below) On January 1 2017, hay issues $420,000 of 9%, 12-year bonds at a price of 9725 Six years later, on Jan Shay retires 20% of these bonds by buying the through December 31, 2022, the day before the purchase. The straight-line method is used to amortiz discount. m on the open market at 104.50. All interest is accounted for and paid Exercise 10-9 Part 7 7. Prepare the journal entry to record the bond retirement at January 1, 2023. View transaction list View journal entry worksheet Credit General Journal Debit No Date Jan 01, 2023 Bonds payable Exercise 10-10 Installment note with equal total payments LO C1 On January 1, 2017, Eagle borrows $21,000 cash by signing a four-year 5% installment note. The note requires fo $5,922, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. Prepare an amortization table for this installment note. (Round all amounts to the nearest whole dollar) Payments es Period Ending Beginning Debit Interest Debit Notes Credit Expense Ending Date 2017 2018 2019 2020 Total Balance Payable Cash Balance ,050 S 5,922 5,922 5,922 1,050