need help with 6, 7, and 8

N=10 OM Bonds Payable January 1, 2022. Excel Corporation issued 10 year, 8% bonds with a face value of $3.190,000. The bonds were sold to yield 6%. Interest is payable annually on January 1. 295:20 FV= (3.190,000 ' -'no 1. What is the issue price of the bonds? W10 $ 3.699,524 (Show calculation or financial calculator inputs.) SR: 8% R-6% 390.000 3.255.co 2. Record the bond issuance on 1/1/22 Accounts Debit Credit Cash 3,639,574 Premium on Bonds Payable 469,574 3.190.000 3. Assume the company prepares financial statements annually on December 31. Prepare the appropriate adjusting entry for December 31, 2022 for interest and for amortization of the discount or premium if the company used straight-line amortization 464,5H/10 -46,957 pa peciel 12/31/22 Accounts Debit Credit Intest Expense 208, 2013 Penam on Bonds Payable 46,957 Interest Payable 255,200 For the remainder of the problem, assume effective interest method of amortization is used. 4. Using EXCEL, prepare an amortization table for the entire bond term. Table should be properly labeled and neatly presented on one page. Amounts should have commas and be rounded to the nearest dollar. Print and attach the table to this paper. HINTS: For the Date Column, you can use the EDATE Function to easily add 12 months to your starting date and copy down to create labels for each row. To avoid rounding differences, use the P unction to calculate your initial present value (carrying value) on the issue date. Set up formulas for each cell and round all amounts to the nearest dollars do not manually compute and key in mounts) Repeat Question 3. using the effective interest amortization 2/31/22 ccounts Debit Credit Elencost peres 219 874 momium on Bords Poyable 35. 626 253.00 Interest Payable 2516 6. Instead of the entry in part 5., assume that Excel Corporation prepares financial statements quarterly. Prepare the appropriate adjusting entry for March 31, 2022 for interest and for amortization of the discount or premium (under effective interest method). 3/31/22 3.654,524 91.489 Accounts Debit Credit Innerest Expense Premium on Bonds Payable Interest Parisiis 7. What accounts related to this bond would be shown on the March 31, 2022 balance sheet? Show accounts and amounts in the proper sections. Balance Sheet Liabilities Current Liabilities Long-term Liabilities 8. On January 1, 2029, Excel Corporation paid the interest payment due on that date and then called all the bonds at 99. What is the amount of gain or loss on this call? Gain or Loss (circle one). Show computation. Prepare all necessary joumal entries for the last interest payment and call of the bonds. January 1, 2029 Accounts Debit Credit