The homework for chapter 10 will be completed manually. Complete the 2 problems below on a JOURNAL FORM; answer all questions. Round answers to the nearest dollar You must use a joumal form to record the transactions and show all calculations to receive credit. Hillside issues $4,000,000, 6%, 15-year bonds dated January 1, 2019 The bonds pay interest semi-annually on June 30 und December 31 The bands were issued at $3,456,448. 1. Record the journal entry to issue the bonds on January 1, 2019. 2. Record the journal entry to pay the semi-annual interest payment and amortize the discount on June 30, 2019 b. Record the joumal entry to pay the semi-annual interest payment and amortize the discount on Dec 31, 2019, 3. On March 31, 2023, Hillside calls the bonds at 101 Record the journal entry to call the bonds. 4. What is the total interest expense for the bonds for: a. One full year? b. The entire fifteen year life of the band? (if the bond had been beld until maturity 3. What is the carrying value of the bands on: 4. December 31, 20192 b December 31, 20202 o HD You must use a journal form to record the transactions and show all calculations to receive credit Ellis issues $250,000, 6.5%, 5 year bonds dated January 1, 2019. The bonds pay interest semi-annually on June 30 and December 31. The bonds were issued at $255,333 1. Record the journal entry to issue the bonds on January 1, 2019, 2. a. Record the journal entry to pay the semi-annual interest payment and amortize the premium on June 30, 2019. b. Record the journal entry to pay the semi-annual interest payment and amortize the premium on Dec 31, 2019. On September 1, 2022, Ellis calls the bonds at 99. Record the journal entry to call the bonds. 4. What is the total interest expense for the bonds for: a. One full year? b. The entire five year life of the bond? (if the bond had been held until maturity) 5. What is the carrying value of the bonds on: a. December 31, 20192 b. December 31, 2020 3 o i $ HD CU w 7 a