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Hello, I'm having a hard time learning this subject so please use excel and show...

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Accounting

Hello, I'm having a hard time learning this subject so please use excel and show your calculations. Thank you soooo much!

Q: Bellevue Marketing Corp. issued $600,000 of 6%, four-year bonds for $579,224 on July 1, 2020, the day the bonds were dated. The market interest rate on this date was 7%. Interest is paid quarterly beginning October 1, 2020. Bellevue uses the effective interest method to amortize bond discounts and premiums. Record the issuance of the bonds and the first payment of interest.

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QS 14-9 Issuance of bonds at a discount, payment of interest L05 Bellevue Marketing Corp. issued $600,000 of 6%, four-year bonds for $579,224 on July 1, 2020, the day the bonds were dated. The market interest rate on this date was 7%. Interest is paid quarterly beginning October 1, 2020. Bellevue uses the effective interest method to amortize bond discounts and premiums. Record the issuance of the bonds and the first payment of interest

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