There are 2 questions 1 one each tab i need done by 5pm central time.. 11/17/2020

Entries for Bonds
    Celine Dion Company issued        $2,500,000    of    12%    10    year bonds on
    January 1, 2020 at        114.00    Interest is payable semiannually on July 1 and January 1.
    Dion Company uses the effective interest method of amortization for bond premium or discount.
    Assume an effective yield of        9.7775%     (market interest rate at issurance).
    Instructions:
    Prepare the journal entries to record the following. (Round to the nearest dollar.)
    (a) The issuance of the bonds.
    Jan 1, 20    Cash                2,850,000
        Bonds payable                    2,500,000
        Premium on bonds payable                    350,000
    (b) The payment of interest and related amortization on July 1, 2020.
    Jul 1, 20    Interest expenses                139,329
        Premium on bonds...