A company issued 5-year, 7% bonds with a par value of $1,100,000. The market rate when...
A company issued 5-year, 7% bonds with a par value of $1,100,000. The market rate when the bonds were issued was 6.5%. The company received $1,123,162 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is:
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A company issued 5-year, 7% bonds with a par value of
$1,100,000. The market rate when...
A company issued 5 year, 7% bonds with a par value of $800,000. The market rate...
A company issued 5 year, 7% bonds with a par value of $800,000. The market rate when the bonds were issued was 6.5%. The company received $816,845 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is: ο 456,00000 ο $28,000.00 ο $29,07180. ο $26,315.50. ο $53,091.80.
A company issued 5 year, 7% bonds with a par value of $900,000. The market rate when the bonds were issued was 6.5%...
A company issued 5 year, 7% bonds with a par value of $900,000. The market rate when the bonds were issued was 6.5%. The company received 5903000 cho the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest periodis: Multiple Choice Ο Ο $63,000 Ο Ο $62.100. Ο S31500 Ο () $30600 Ο ( 432,400 < Prev 9 of 10 # Next >
A company issues 9%, 4-year bonds with a par value of $160,000 on January 1 at...
A company issues 9%, 4-year bonds with a par value of $160,000 on January 1 at a price of $165,386, when the market rate of interest was 8%. The bonds pay interest semiannually. The amount of each semiannual interest payment is: Multiple Choice $14,400. $0. $12,800. $7,200. $6,400 2) A company issued 5-year, 5% bonds with a par value of $91,000. The company received $88,947 for the bonds. Using the straight-line method, the amount of interest expense for the first...
. A company issued 5-year, 7% bonds with a par value of $250,000. The market rate...
. A company issued 5-year, 7% bonds with a par value of $250,000. The market rate when the bonds were issued was 4.0% on 1/1/19. Interest is paid 2 times per year on 6.30 and 12.31. Calculate the sale price and record the journal entry for this sale. Using the straight-line method, calculate the amount of interest expense for the first semiannual interest period and record the journal entry
A company issued 10.0%, 5-year bonds with a par value of $240,000. The market rate when...
A company issued 10.0%, 5-year bonds with a par value of $240,000. The market rate when the bonds were issued was 11.0%. The company received $230,954.85 cash for the bonds. Using the effective interest method, the amount of interest expense for the second semiannual interest period is: Multiple Choice $12,000.00. $12,741.16. $12,702.52. $24,000.00. $25,443.68.
32. A company issued 5-year, 7% bonds with a par value of $100,000. The company received...
32. A company issued 5-year, 7% bonds with a par value of $100,000. The company received $97,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is: A. $3,294.70. B. $3,500.00. C. $3,705.30. D. $7,000.00. E. $7,410.60.
7. A company issued 6-year, 8% bonds with a par value of $550,000. The market rate...
7. A company issued 6-year, 8% bonds with a par value of $550,000. The market rate when the bonds were issued was 7.5%. The company received $555,500 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is: 8. A corporation issued 8% bonds with a par value of $1,010,000, receiving a $22,000 premium. On the interest date 5 years later, after the bond interest was paid and after 40%...
A company issued 5-year, 9% bonds with a par value of $98,000. The company received $95,947...
A company issued 5-year, 9% bonds with a par value of $98,000. The company received $95,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is: Multiple Choice Ο $9,230.60. 592οσο. Ο $4,410.00. Ο $8,820.00. Ο Ο $4.20470. Ο $4,615.30.
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A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds were issued was 6.5%. The company received $101,137 cash for the bonds.Using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is:
-6 A company issued 5-year, 7% bonds with a par value of $100,000. The company received...
-6 A company issued 5-year, 7% bonds with a par value of $100,000. The company received $97,947 for the bonds. Using the straight-line method, the amount of mees expense for the first semiannual interest period is: A. $3,500.00 B. $3,294.70 C. $3,705.30 D. $7,410.60 E. $7,000.00 C . Adidas issued 10-year, 8% bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 7.5%. Adidas received $206,948 in cash proceeds. Which of...
A company issued 5 year, 7% bonds with a par value of $800,000. The market rate when the bonds were issued was 6.5%. The company received $816,845 cash for the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest period is: ο 456,00000 ο $28,000.00 ο $29,07180. ο $26,315.50. ο $53,091.80.
A company issued 5 year, 7% bonds with a par value of $900,000. The market rate when the bonds were issued was 6.5%. The company received 5903000 cho the bonds. Using the straight-line method, the amount of recorded interest expense for the first semiannual interest periodis: Multiple Choice Ο Ο $63,000 Ο Ο $62.100. Ο S31500 Ο () $30600 Ο ( 432,400 < Prev 9 of 10 # Next >
A company issued 5-year, 9% bonds with a par value of $98,000. The company received $95,947 for the bonds. Using the straight-line method, the amount of interest expense for the first semiannual interest period is: Multiple Choice Ο $9,230.60. 592οσο. Ο $4,410.00. Ο $8,820.00. Ο Ο $4.20470. Ο $4,615.30.
-6 A company issued 5-year, 7% bonds with a par value of $100,000. The company received $97,947 for the bonds. Using the straight-line method, the amount of mees expense for the first semiannual interest period is: A. $3,500.00 B. $3,294.70 C. $3,705.30 D. $7,410.60 E. $7,000.00 C . Adidas issued 10-year, 8% bonds with a par value of $200,000. Interest is paid semiannually. The market rate on the issue date was 7.5%. Adidas received $206,948 in cash proceeds. Which of...
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