-390,000 * ( 1 –(1/1.15)^10)/0.15
=-390,000 * ( 1 – 0.2471847061) / 0.15
= - 390,000 * 5.018768626
= - 1,957,319.764
Hence, the answer is -1,957,319.764
On January 1, a company issued and sold a $390,000, 4%, 10-year bond payable, and received proceeds of $381,000. Interest is payable each June 30 and December 31. The company uses the straight-line method to amortize the discount. The carrying value of the bonds immediately after the second interest payment is: Multiple Choice $390,000. $389,550 $380,550 $381,900. $381,450.
Question 10 Gafisa Inc. performed services for R$390,000. The company collected R$ 130,000 in cash. The balance will be collected in 30 days. Performing services for R$ 390,000 will increase O liabilites and equity by R$390,000. O assets and equity by R$390,000. O assets by R$ 130,000 and equity by R$ 260,000. O assets by R$ 130,000, liabilities by R$ 260,000 and equity by R$ 390,000.
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