Question: Please write clear or do on Excel if possible 3. Blue Bird Corporation issued a $5,000,000 bond at 97%. The bond has a six year

Please write clear or do on Excel if possible

3. Blue Bird Corporation issued a $5,000,000 bond at 97%. The bond has a six year term and pays 7% interest annually each December 31st. The bond was retired early on January 1, 2024. A $4,930,000, cas payment was made to the bondholders upon the early retirement. Prepare the appropriate Journal entries and post them to the ledger 3. Blue Bird Corporation issued a $5,000,000 bond at 97%. The bond has a six year term and pays 7% interest annually each December 31st. The bond was retired early on January 1, 2024. A $4,930,000, cas payment was made to the bondholders upon the early retirement. Prepare the appropriate Journal entries and post them to the ledger

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