help please! i dont understandHomework Answers
a) Journal entry
| date | account and explanation | Debit | Credit |
| Jan 1 | Cash (3100000*.97) | 3007000 | |
| Discount on bonds payable | 93000 | ||
| Bonds payable | 3100000 | ||
b) Journal entry
| date | account and explanation | Debit | Credit |
| Jan 1 | Cash (3100000*1.03) | 3193000 | |
| Premium on bonds payable | 93000 | ||
| Bonds payable | 3100000 | ||
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help please! i dont understand
Cheyenne Corp. issues (in euros) €3.10 million, 10-year, 6% bonds at...
Cheyenne Corp. issues (in euros) €3.10 million, 10-year, 6% bonds at 97, with interest payable annually...
Cheyenne Corp. issues (in euros) €3.10 million, 10-year, 6% bonds at 97, with interest payable annually on January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1 e Textbook and Media List of Accounts Attempts: 0 of 3 used Save for Later Submit Answer
Blossom Company issues (in euros) €2.80 million, 10-year, 8% bonds at 98, with interest payable annually...
Blossom Company issues (in euros) €2.80 million, 10-year, 8%
bonds at 98, with interest payable annually on January 1.
Please show your work. Thanks
Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 11
Brief Exercise 10-11 Pina Colada Corp. issues $2.80 million, 10-year, 6% bonds at 98, with interest...
Brief Exercise 10-11 Pina Colada Corp. issues $2.80 million, 10-year, 6% bonds at 98, with interest payable each January 1. Your answer is partially correct. Try again. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 2740000 Discount on Bonds Payable 600000 Bonds Payable 2800000 Your answer is partially correct....
Bramble Corp. issues $1.60 million, 10-year, 8% bonds at 95, with interest payable each January 1....
Bramble Corp. issues $1.60 million, 10-year, 8% bonds at 95, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January...
Sheridan Company issues $1.60 million, 10-year, 9% bonds at 97, with interest payable each January 1. Prepare the journ...
Sheridan Company issues $1.60 million, 10-year, 9% bonds at 97, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 e Textbook and Media List of Accounts Assuming instead that the above bonds sold for 106, prepare the journal entry to record the sale of these...
Blossom Company issues $1,000,000, 10-year, 10% bonds at 95, with interest payable each January 1. Prepare...
Blossom Company issues $1,000,000, 10-year, 10% bonds at 95, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Assuming instead that the above bonds sold for 108, prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles...
Brief Exercise 10-20 Metlock, Inc. issues $2.10 million, 5-year, 11% bonds at 104, with interest payable...
Brief Exercise 10-20 Metlock, Inc. issues $2.10 million, 5-year, 11% bonds at 104, with interest payable annually January 1. The straight-line method is used to amortize bond premium. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS Prepare the adjusting journal entry to record interest expense and...
Brief Exercise 10-9 Nasreen Company issues $2,000,000, 10-year, 7% bonds at 97, with interest payable on...
Brief Exercise 10-9
Nasreen Company issues $2,000,000, 10-year, 7% bonds at 97, with
interest payable on July 1 and January 1.
Prepare the journal entry to record the sale of these bonds on
January 1, 2015. (Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
Assuming instead that the above bonds sold for 105, prepare the
journal entry to record the sale of these bonds on...
Kingbird, Inc. issues $5.2 million, 10-year, 9% bonds at 103, with interest payable on January 1....
Kingbird, Inc. issues $5.2 million, 10-year, 9% bonds at 103, with interest payable on January 1. The straight-line method is used to amortize bond premium. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Prepare the journal entry to record interest expense and bond premium amortization on December 31, 2022, assuming...
Brief Exercise 15-04 a-b Oriole Company issues $3,000,000, 10-year, 10% bonds at 99, with interest payable...
Brief Exercise 15-04 a-b Oriole Company issues $3,000,000, 10-year, 10% bonds at 99, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 LINK TO TEXT Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds...
Cheyenne Corp. issues (in euros) €3.10 million, 10-year, 6% bonds at 97, with interest payable annually on January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1 e Textbook and Media List of Accounts Attempts: 0 of 3 used Save for Later Submit Answer
Blossom Company issues (in euros) €2.80 million, 10-year, 8%
bonds at 98, with interest payable annually on January 1.
Please show your work. Thanks
Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 11
Brief Exercise 10-11 Pina Colada Corp. issues $2.80 million, 10-year, 6% bonds at 98, with interest payable each January 1. Your answer is partially correct. Try again. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Cash 2740000 Discount on Bonds Payable 600000 Bonds Payable 2800000 Your answer is partially correct....
Bramble Corp. issues $1.60 million, 10-year, 8% bonds at 95, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January...
Sheridan Company issues $1.60 million, 10-year, 9% bonds at 97, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 e Textbook and Media List of Accounts Assuming instead that the above bonds sold for 106, prepare the journal entry to record the sale of these...
Blossom Company issues $1,000,000, 10-year, 10% bonds at 95, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Assuming instead that the above bonds sold for 108, prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles...
Brief Exercise 10-20 Metlock, Inc. issues $2.10 million, 5-year, 11% bonds at 104, with interest payable annually January 1. The straight-line method is used to amortize bond premium. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 SHOW LIST OF ACCOUNTS Prepare the adjusting journal entry to record interest expense and...
Brief Exercise 10-9
Nasreen Company issues $2,000,000, 10-year, 7% bonds at 97, with
interest payable on July 1 and January 1.
Prepare the journal entry to record the sale of these bonds on
January 1, 2015. (Credit account titles are
automatically indented when amount is entered. Do not indent
manually.)
Date
Account Titles and Explanation
Debit
Credit
Jan. 1
Assuming instead that the above bonds sold for 105, prepare the
journal entry to record the sale of these bonds on...
Kingbird, Inc. issues $5.2 million, 10-year, 9% bonds at 103, with interest payable on January 1. The straight-line method is used to amortize bond premium. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Prepare the journal entry to record interest expense and bond premium amortization on December 31, 2022, assuming...
Brief Exercise 15-04 a-b Oriole Company issues $3,000,000, 10-year, 10% bonds at 99, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 LINK TO TEXT Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds...
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