show in amortization table for both problems

Problem 6-1 (IAA) Yellow Company recived issue 12% bonds with face amount of P6,000,000 maturing January 1, 2030. Interest is payable annually on December 31. The bonds are callable at 102 plus accrued interest. On January 1, 2020, the entity issued the bonds for P6,737,000 with an effective yield of 10%. The fiscal year of the entity ends December 31. The effective interest amortization is used. Required: 1. Prepare journal entries relating to the bonds payable for 2020. 2. Present the bonds payable on December 31, 2020. Problem 6-2 (IAA) On January 1, 2020. Orange Company was authorized to issue 6% bonds with face amount of P5,000,000 maturing on December 31, 2021. Interest is payable semiannually on June 30 and December 31. On January 1, 2020, the entity issued all of the bonds for P4,818,500 with an effective rate of 8%. The fiscal year of the entity is the calendar year and the effective interest method of amortization is used. Required: 1. Prepare a table of amortization for the discount. 2. Prepare journal entries for 2020 and 2021