Question: can you please help me with finding the effective rate of interest and the jornal entries On January 1, 2021. Darnell Window and Pane issued

can you please help me with finding the effective rate of interest and the jornal entries

and the jornal entries On January 1, 2021. Darnell Window and Pane

On January 1, 2021. Darnell Window and Pane issued $18.4 million of 10-year, zero-coupon bonds for $7,093,997. (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 2. Determine the effective rate of Interest. 1. & 3. to 5. Prepare the necessary journal entries Complete this question by entering your answers in the tabs below. Interest rate General Journal Prepare the necessary journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermedite calculations and final answers to nearest whole dollar.) View transaction list Journal entry worksheet 1 2 3 4 Record the issuance of the bonds, Note: Enter debits before credits General Journal Debit Credit Date January 01, 2021 Record entry Clear entry View general Journal On January 1:2021, Darnell Window and Pane issued $18.4 million of 10-year, zero-coupon bonds for $7.093,997 (FV of $1. PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 2. Determine the effective rate of interest. 1. & 3. to 5. Prepare the necessary journal entries Complete this question by entering your answers in the tabs below. Interest rate General Journal Prepare the necessary journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round your intermedite calculations and final answers to nearest whole dollar.) View transaction list Journal entry worksheet Record annual interest expense at December 31, 2022. Note: Enter debits before credits Date December 31, 2022 General Journal Debit Credit Record entry Clear entry View general Journal On January 1, 2021, Darnell Window and Pane Issued $18.4 million of 10-year, zero-coupon bonds for $7,093,997 (FV of $1. PV of $1, FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 2. Determine the effective rate of interest 1. & 3. to 5. Prepare the necessary journal entries. Complete this question by entering your answers in the tabs below. General Interest rate Journal Prepare the necessary journal entries. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field, Round your intermedate calculations and final answers to nearest whole dollar) View transaction list Journal entry worksheet

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