Seoulman , Inc . has three bond issues outstanding at 12/31 / 18: Bond A : 6% bond issued on August 1 , 2018, due July 31 , 2024. Interest is payable...

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Seoulman , Inc . has three bond issues outstanding at 12/31 / 18:Bond A : $3. 500. 000. 6% bond issued on August 1 , 2018, due July 31 , 2024. Interest is payableon January 31 and July 3 1 . The bond was initially priced to yield 7.5% .`Bond B : $5, 000, 000, 5% bond issued on January 1 , 2017 , due December 31 , 2022 . Interest ispayable annually on December 3 1 . The bond was initially priced to yield 4%/0 .Bond C : $6, 000, 000, zero- coupon bond issued on October 1 , 2012, due September 30, 2022 . Thebond was initially priced to yield 4% and interest is payable on March 31 and September 30 .Required :"1 . Prepare the full amortization schedules each of the three the bonds in Excel .2 . Prepare the journal entries necessary to record the 2018 activity!3 . Prepare any adjusting entries necessary at 12/ 31 / 18 .4 . For each bond , show what would have appeared on the December 31 , 2018 and 2019financial statements . Be sure to show the proper description and classification for eachitem . Use the direct method to report cash flows from operations . Be sure to display theinformation as it would appear in comparative financial statements .