Question: I need help in this accounting work. Please do it in excel and do it 100%. Please show the formulas and everything so i can

I need help in this accounting work. Please do it in excel and do it 100%. Please show the formulas and everything so i can easily understand the question and can solve it

Please must follow all the instructions as these are very important.

Identification number: (AAA:132)-(BB:24)-(CCC:6810)---------------> Please use these numbers in a way that i can change these numbers if i need... Please must show formulas of excel

ACC 302 Bonds Project -

Principal Amount of bonds

600000

Stated interest rate:

0.07

Effective (market) interest rate:

0.06

Number of interest periods:

9

Price Computation:

PV of Principal [ use PV function]

355139

PV of interest payments [use PV function]

285671

640810

Time

Cash

Interest

Amort.

Carrying Value

Period

Expense

of Bonds

0

640810

1

42000

38449

3551

637259

2

42000

38236

3764

633494

3

42000

38010

3990

629504

4

42000

37770

4230

625274

5

42000

37516

4484

620791

6

42000

37247

4753

616038

7

42000

36962

5038

611000

8

42000

36660

5340

605660

9

42000

36340

5660

600000

10

0

0

0

0

Required: (wherever the letters AAA, BB, CCCC appear, you are to

use the first 3, the 4th & 5th, or the last 4 digits of your assigned

identification number, respectively) Use Cell References /Formulas

1. Replicate the above spreadsheet, print the cell formulas.

Ctrl + ` to show and print formulas.

Use If function to stop the calculations, based on the number of

interest periods. Example: =IF(B16>$F$6,0,"your formula")

2. Change the number of periods to 2 and change the effective

interest rate to 6.BB%. Print the spreadsheet. Write (or type) the journal

entries at the bottom. You should have 3 journal entries,

1 for the bond issuance, and 2 interest payments.

3. Change the stated interest rate to 5.CCCC%. Print the

spreadsheet. Write (or type) the 3 journal entries at the bottom.

4. Change the number of periods to 8, change the principal amount

to $AAA,BBC,CCC. (hint: you will need to widen your columns)

Print the spreadsheet. No need to do JEs, there would be 9.

This is in picture form..

I need help in this accounting work. Please do it in excel

Principal Amount of bonds Stated interest rate: Effective (market) interest rate: Number of interest periods: Price Computation: PV of Principal [ use PV function] PV of interest payments [use PV function] 600000 0.07 0.06 355139 285671 640810 Cash Amort. Carrying Value Time Period 0 Interest Expense of Bonds 640810 637259 633494 629504 625274 620791 616038 611000 605660 3551 3764 3990 4230 42000 42000 42000 42000 42000 42000 42000 42000 42000 0 38449 38236 38010 37770 37516 37247 36962 36660 36340 0 6 4753 5038 5340 5660 0 10 Required: (wherever the letters AAA, BB, CCCC appear, you are to use the first 3, the 4th & 5th, or the last 4 digits of your assigned identification number, respectively) Use Cell References/Formulas 1. Replicate the above spreadsheet, print the cell formulas Ctrl+to show and print formulas. Use If function to stop the calculations, based on the number of interest periods. Example: IF(B16 SFS6,0,"your formula" 2. Change the number of periods to 2 and change the effective 0 Principal Amount of bonds Stated interest rate: Effective (market) interest rate: Number of interest periods: Price Computation: PV of Principal [ use PV function] PV of interest payments [use PV function] 600000 0.07 0.06 355139 285671 640810 Cash Amort. Carrying Value Time Period 0 Interest Expense of Bonds 640810 637259 633494 629504 625274 620791 616038 611000 605660 3551 3764 3990 4230 42000 42000 42000 42000 42000 42000 42000 42000 42000 0 38449 38236 38010 37770 37516 37247 36962 36660 36340 0 6 4753 5038 5340 5660 0 10 Required: (wherever the letters AAA, BB, CCCC appear, you are to use the first 3, the 4th & 5th, or the last 4 digits of your assigned identification number, respectively) Use Cell References/Formulas 1. Replicate the above spreadsheet, print the cell formulas Ctrl+to show and print formulas. Use If function to stop the calculations, based on the number of interest periods. Example: IF(B16 SFS6,0,"your formula" 2. Change the number of periods to 2 and change the effective 0

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