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Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $73,900,000 of...
Instructons Campbell Inc. produces and sets outdoor equipment. On July 1, 2041, Campbell issued $73,900,000 of...
Instructons Campbell Inc. produces and sets outdoor equipment. On July 1, 2041, Campbell issued $73,900,000 of 10 year, 11% bonds at a market (effective Interest rate of 9% receiving cash of 583,512,668. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 2011 2. Journalize the...
Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of 10-year,...
Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 20Y1.* 2. Journalize the entries to...
Campbell Inc. produces and sells outdoor equipment. On July 1, Year 1, Campbell Inc. issued $87,000,000...
Campbell Inc. produces and sells outdoor equipment. On July 1, Year 1, Campbell Inc. issued $87,000,000 of 10-year, 11% bonds at a market (effective) interest rate of 10%, receiving cash of $92,421,105. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, Year 1.* 2. Journalize...
Instructions Campbell, Inc. produces and sells outdoor equipment On July 1, 2011. Campbell issued $30,000,000 of...
Instructions Campbell, Inc. produces and sells outdoor equipment On July 1, 2011. Campbell issued $30,000,000 of 10 year, 10% bonds at a market (effective interest rate of receiving cash of $31,951,110 Interest on the bonds is payable semiannually on December 31 and June 30 The fiscal year of the company is the call Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bond 2. Journalize the entries to record the following." a....
Help on step 2 B Instructions Campbell, Inc. produces and sells outdoor equipment. On July 1, 20Y1. Campbell issued $30...
Help on step 2 B
Instructions Campbell, Inc. produces and sells outdoor equipment. On July 1, 20Y1. Campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds.* 2. Journalize the...
Campbell, Inc. produces and sells outdoor equipment. On July 1, 20Y1. Campbell issued $30,000,000 of 10-year, 10% bonds...
Campbell, Inc. produces and sells outdoor equipment. On July 1, 20Y1. Campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds.* 2. Journalize the entries to record the following:* a....
Bond Premium, Entries for Bonds Payable Transactions Campbell Inc. produces and sells outdoor equipment. On July...
Bond Premium, Entries for Bonds Payable Transactions Campbell Inc. produces and sells outdoor equipment. On July 1, Year 1, Campbell issued $52,500,000 of 10-year, 11% bonds at a market (effective) interest rate of 10%, receiving cash of $55,771,356. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: If an amount box does not require an entry, leave it blank. 1. Journalize the entry to record...
Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of...
Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 20Y1.* 2. Journalize the entries...
PR.11-02.ALGo Bond Premium, Entries for Bonds Payable Transactions Campbell Inc. produces and sells outdoor equipment. On...
PR.11-02.ALGo Bond Premium, Entries for Bonds Payable Transactions Campbell Inc. produces and sells outdoor equipment. On July 1, Year 1, Campbell issued $31,800,000 of 10-year, 12% bonds at a market (effective) interest rate of 11%, receiving cash of $33,700,139. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: If an amount box does not require an entry, leave it blank. 1. Journalize the entry to...
Trying to figure out interest expense and premium on bonds payable :) Instructions Campbell Inc. produces...
Trying to figure out interest expense and premium on bonds
payable :)
Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $11,300,000 of 10-year, 11% bonds at a market (effective) interest rate of 9%, receiving cash of $12,769,867. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the...
Instructons Campbell Inc. produces and sets outdoor equipment. On July 1, 2041, Campbell issued $73,900,000 of 10 year, 11% bonds at a market (effective Interest rate of 9% receiving cash of 583,512,668. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 2011 2. Journalize the...
Instructions Campbell, Inc. produces and sells outdoor equipment On July 1, 2011. Campbell issued $30,000,000 of 10 year, 10% bonds at a market (effective interest rate of receiving cash of $31,951,110 Interest on the bonds is payable semiannually on December 31 and June 30 The fiscal year of the company is the call Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bond 2. Journalize the entries to record the following." a....
Help on step 2 B
Instructions Campbell, Inc. produces and sells outdoor equipment. On July 1, 20Y1. Campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds.* 2. Journalize the...
Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $30,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 9%, receiving cash of $31,951,110. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, 20Y1.* 2. Journalize the entries...
Trying to figure out interest expense and premium on bonds
payable :)
Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, 20Y1, Campbell issued $11,300,000 of 10-year, 11% bonds at a market (effective) interest rate of 9%, receiving cash of $12,769,867. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the...
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