Question: luestion Title (1) 09-02 (Static) Using Excel to Calculate d Prepare the Adjusting Journal Entries :lated to the Issuance of Bonds [LO 9-5] 'heck Answers

luestion Title (1) 09-02 (Static) Using Excel to Calculate d Prepare the Adjusting Journal Entries :lated to the Issuance of Bonds [LO 9-5] 'heck Answers egend Graded cell: Leave blank if no answer is zeded. Requirement 1: Issue Price of the Bonds (Use cells A2 to B7 from the given information above to complete this question. Hint: Use the PV function to calculate the issue price. In your formula, be sure to use cell references to the given information (cells B4 to B7). Since interest is paid semiannually, multiply or divide by a factor of 2 in your formula as appropriate. Show the issue price as a positive amount by including a negative symbol ("-") before the PV function.) Issue price of the bonds: Requirement 2: Amortization Schedule (Use cells A2 to B7 from the given information above to complete this question. All values should be shown as positive amounts.) Requirement 3: Journal Entry for Issuance of Bonds on January 1, 2024 (Use cells A2 to B7 from the given information above to complete this question. Hint: A "discount" or "premium" account will auto-populate based on your answer to Requirement 1. Show all values as positive amounts.) Requirement 4: Journal Entry for First Interest Payment on June 30, 2024 (Use cells A2 to B7 from the given information above to complete this question. Hint: A "discount" or "premium" account will auto-populate based on your answers to Requirements 1 and 2. Show all values as positive amounts.) Requirement 5: Journal Entry for Second Interest Payment on December 31, 2024 (Use cells A2 to B7 from the given information above to complete this question. Hint: A "discount" or "premium" account will auto-populate based on your answers to Requirements 1 and 2 . Show all values as positive amounts.)

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