Homework Answers
Answer:
| E-TECH INITIATIVES LIMITED | |||
| Balance Sheet (Partial) | |||
| As of January 2, 2019 | |||
| Long term liabilities | |||
| Bonds payable | $580,000 | ||
| Premium on bonds payable (580000*2%) | $11,600 | ||
| Carrying Value | $591,600 | ||
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would be reported on January 2, 2019, balance sheet if they are
issued at 95. (Deductions should be indicated by a minus
sign.)
E-TECH INITIATIVES LIMITED Balance Sheet (partial) As of January 2, 2019 Long-Term Liabilities Bonds Payable Carrying Value
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I don't think this is right so
if someone could help thank you!
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Please correct and complete part A & B, thank you so much in
advance
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