Please help. Need help to understand how to make it, and explanations for better understanding. Appreciated in advance.

Note Excel uses more deemal planes than used in the solutions provided by the author Ais s unf the answars shown below wrill differ slightly from those in the solutions manual due to roumding and significant digits (a) Prepare the joumal entry to record the issuance of the bonds and the related bond issue costs incurred on January 1,200 Present value (Selling price) of the bonds using Excel PV function = SELLING PRICE = (b) Prepare a bond amortization schedule up to and including January 1,204, using the effective interest method. (c) Assume that on July 1,20X4 they retires the bonds at a cost of 32,130,000 plus accrued interest. Complete the following tal Entry to redeem (retire bonds)