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payable semiannually on February 28 and August 31. The bonds mature in 10 years. Denver is a calendar-year corporation. Required: 1) Determine the issue price

payable semiannually on February 28 and August 31. The bonds mature in 10 years. Denver is a calendar-year corporation. Required: 1) Determine the issue price of the bonds using Excel. 2) Prepare an amortization table through the first 5 years. 3) Prepare the journal entries to record bond-related transactions as of the following dates: (a) March 1, 20x2 (bond issuance) (b) August 31, 20x2 (1st payment) (c) December 31, 20x2 (adjusting entry; no cash payment)

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