Homework Answers
Answers :
14) C) $ 9,053
12)B) $ 16,687
Premium on bonds payable = 16800-15000= 1,800
Number of Semiannual Payments = 8*2= 16
Semi annual bond premium amortization = 1800/16= 112.5 =113
bond Carrying Value after First instalment = 16,800-113 = $16,687
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