If $816,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is
a.$612,000
b.$816,000
c.$881,280
d.$838,440
If $816,000 of 8% bonds are issued at 102 3/4, the amount of cash received from...
If $897,000 of 10% bonds are issued at 102 3/4, the amount of cash received from the sale is a.$986,700 b.$897,000 c.$672,750 d.$921,668
If $482,000 of 9% bonds are issued at 96, the amount of cash received from the sale is a.$525,380 b.$462,720 c.$438,620 d.$482,000
If $1,034,000 of 6% bonds are issued at 102 1/2, what is the amount of cash received from the sale? Select the correct answer. $1,059,850 $1,034,000 $775,500 $1,096,040
If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is
If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is $2,060,000 $1,940,000 $2,000,000 $2,100,000
if $691,000 of 8% bonds are issued at 94, what is the amount of cash recieved from the sale ? Calculator If $691,000 of 8% bonds are issued at 94, what is the amount of cash received from the sale? Select the correct answer. $635,720 $649,540 $746,280 $691,000 Assignment Main.do?invokerStake AssignmentSessionLocator Binprogressa false Calculator A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest payable annually, at a time when the market rate of interest is 12%. The straight-line...
A firm's cash flows from investing activities include: A) Cash received from the sale of a plant asset B) Cash paid as dividends C) Cash received from the rendering of services to customers D) Cash paid to retire bonds payable 3. A firm's cash flow from financing activities includes: A) Cash paid to reacquire treasury stock B) Cash paid for merchandise purchased C) Cash received from sale of investment in bonds D) Cash received as interest income 4 Nacho Company...
For each of the following scenarios: a) Prepare b) What was the amount of cash received when the bond was issued? an amortization schedule for 3 years. c) What amount was recorded as Bonds Payable when the bond was issued? d) What is the amount of interest to be paid for the 2nd year? e) What is the amount of interest reported on the income statement for the 2nd year? f) Show how interest and bonds would be presented on...
Harvey Company issued $612,000 of 10%, 20-year bonds on January 1, 2017, at 102. Interest is payable semiannually on July 1 and January 1. Harvey Company uses the effective-interest method of amortization for bond premium or discount. Assume an effective yield of 9.7705% Prepare the journal entries to record the following: (a) The issuance of the bonds. (b) The payment of interest and related amortization on July 1, 2017. (c) The accrual of interest and the related amortization on December...
Question 18 Blossom Company received proceeds of $1025000 on 10-year, 8% bonds issued on January 1, 2019. The bonds had a face value of $1088000, pay interes annually on December 31, and have a call price of 102. Blossom uses the straight-line method of amortization. What is the amount of interest expense Blossom will show with relation to these bonds for the year ended December 31, 20207 O $82000 $93340 $80740 $87040