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Issuing Bonds at a Premium On the first day of the fiscal year, a...
help please!! Issuing Bonds at a Discount On the first day of the fiscal year, a...
help please!!
Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $2,400,000, 7%, 6-year bond that pays semiannual interest of $84,000 $2,400,000 x 7% x V), receiving cash of $2,287,379 Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Accounts Payable Bonds Payable Cash Interest Expense Interest Payable Premium on Bonds Payable Discount Amortization On the first day of the fiscal year, a company issues...
Premium Amortization On the first day of the fiscal year, a company issues a $8,900,000, 12%,...
Premium Amortization On the first day of the fiscal year, a company issues a $8,900,000, 12%, 9-year bond that pays semiannual interest of $534,000 $8,900,000 x 12% x 1/2), receiving cash of $10,523,359. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Interest Expense 443,813 Premium on Bonds Payable 90,187 Cash 534,000
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $2,800,000, 8%, 6-year bond that pays semiannual interest of $112,000 ($2,800,000 x 8% x V), receiving cash of $3,230,825. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Premium Amortization On the first day of the fiscal year, a company issues a $3,000,000, 12%, 4-year bond that pays semiannual interest of $180,000 ($3,000,000 x 12% V),...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $5,500,000, 6%, 8-year bond that pays semiannual interest of $165,000 ($5,500,000 x 6% %). receiving cash of $5,859,013. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Check My Work 2 more Check My Works remaining Premium Amortization On the first day of the fiscal year, a company issues a $5,500,000, 10%, 6-year bond that pays...
1-Issuing Bonds at a Premium On the first day of the fiscal year, a company issues...
1-Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $2,500,000, 12%, 4-year bond that pays semiannual interest of $150,000 ($2,500,000 × 12% × ½), receiving cash of $2,661,579. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. 2-Premium Amortization On the first day of the fiscal year, a company issues a $2,600,000, 9%, 9-year bond that pays semiannual interest of $117,000 ($2,600,000 × 9% ×...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues an $5,800,000, 8%, 9-year bond that pays semiannual interest of $232,000 ($5,800,000 × 8% × ½), receiving cash of $6,182,502. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Cash Premium on Bonds Payable Bonds Payable On the first day of the fiscal year, a company issues a $6,000,000, 11%, 4-year bond that pays semiannual interest of...
On the first day of the fiscal year, a company issues a $8,900,000, 6%, 5-year bond...
On the first day of the fiscal year, a company issues a $8,900,000, 6%, 5-year bond that pays semiannual interest of $267,000 ($8,900,000 × 6% × ½), receiving cash of $9,699,451. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Cash Premium on Bonds Payable Bonds Payable On the first day of the fiscal year, a company issues a $8,800,000, 10%, 9-year bond that pays semiannual interest of $440,000 ($8,800,000 × 10% ×...
Help me with Answer A and B Please :) A. B. Discount Amortization On the first day of the fiscal year, a company issues...
Help me with Answer A and B Please :)
A.
B.
Discount Amortization On the first day of the fiscal year, a company issues a $2,200,000, 6%, 10-year bond that pays semiannual interest of $66,000 ($2,200,000 x 6% x V2), receiving cash of $1,770,739. Journalize the first interest payment and the amortization of the related bond discount Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Interest Expense Discount on Bonds Payable...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues an $4,400,000, 7%, 9-year bond that pays semiannual interest of $154,000 ($4,400,000 X 7% x V), receiving cash of $5,389,476. Journalize the bond issuance. If an amount box does not require an entry, leave it blank.
1) Premium Amortization On the first day of the fiscal year, a company issues a $7,800,000,...
1) Premium Amortization On the first day of the fiscal year, a company issues a $7,800,000, 11%, 5-year bond that pays semiannual interest of $429,000 ($7,800,000 × 11% × ½), receiving cash of $8,417,190. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Cash Premium on Bonds Payable Bonds Payable 2) Discount Amortization On the first day of the...
help please!!
Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $2,400,000, 7%, 6-year bond that pays semiannual interest of $84,000 $2,400,000 x 7% x V), receiving cash of $2,287,379 Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Accounts Payable Bonds Payable Cash Interest Expense Interest Payable Premium on Bonds Payable Discount Amortization On the first day of the fiscal year, a company issues...
Premium Amortization On the first day of the fiscal year, a company issues a $8,900,000, 12%, 9-year bond that pays semiannual interest of $534,000 $8,900,000 x 12% x 1/2), receiving cash of $10,523,359. Journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Interest Expense 443,813 Premium on Bonds Payable 90,187 Cash 534,000
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $2,800,000, 8%, 6-year bond that pays semiannual interest of $112,000 ($2,800,000 x 8% x V), receiving cash of $3,230,825. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Premium Amortization On the first day of the fiscal year, a company issues a $3,000,000, 12%, 4-year bond that pays semiannual interest of $180,000 ($3,000,000 x 12% V),...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $5,500,000, 6%, 8-year bond that pays semiannual interest of $165,000 ($5,500,000 x 6% %). receiving cash of $5,859,013. Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Check My Work 2 more Check My Works remaining Premium Amortization On the first day of the fiscal year, a company issues a $5,500,000, 10%, 6-year bond that pays...
Help me with Answer A and B Please :)
A.
B.
Discount Amortization On the first day of the fiscal year, a company issues a $2,200,000, 6%, 10-year bond that pays semiannual interest of $66,000 ($2,200,000 x 6% x V2), receiving cash of $1,770,739. Journalize the first interest payment and the amortization of the related bond discount Round to the nearest dollar. If an amount box does not require an entry, leave it blank. Interest Expense Discount on Bonds Payable...
Issuing Bonds at a Premium On the first day of the fiscal year, a company issues an $4,400,000, 7%, 9-year bond that pays semiannual interest of $154,000 ($4,400,000 X 7% x V), receiving cash of $5,389,476. Journalize the bond issuance. If an amount box does not require an entry, leave it blank.
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