Question

13B. On January 1, 2018, when the market interest rate is 8 %, Coleman Corporation issues S220,000 of 10 % , five-year bonds payable. The bonds pay interest semiannually. Coleman Corporation received S237,820 in cash interest payment dates are June 30 and December 31. tissuance. Assume effective-interest amortization method amortization table for the first two semiannual interest periods. (Round your answers the nearest whole dollar.) Prepare Interest Carrying Cash Paid Expense Amortized Amount 01/01/2018 06/30/2018 12/31/2018 Match the key term to the scenario. i (Click the icon to view the scenarios.) Available-for-sale investments 1. 2. Controlling interest equity investments More Info 3. Trading debt investments 4. Held-to-maturity debt investments Significant interest equity investments 5. a. Jane owns 53% of Richard's Roses's voting stock. b. Joe owns a debt security in Bones, Inc. and intends to hold it until maturity. 6. No significant interest equity investments c. Jeannie owns a debt security in Cricket, Inc. and plans on selling the debt after one year. d. Jimenez owns 5% of Delgado, Inc.'s voting stock but does not have the ability to participate in the decisions of Delgado, Inc. Jacob owns 24% of Pay, Inc.'s voting stock and has the ability to exert influence over Pay, Inc. f. Jim owns a debt security in Tag, Inc.'s and plans on holding the debt for only a week. Print Done

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Both are individual questions: Solution: 1) Amortization Schedule: F F-D A. FV x Rate Fx Rate D B-C Cash paid Interest Premium Carrying Period 01/01/2018 5% Recog.4% Amort. value 237820 06/30/2018 12/31/2018 11000 9513 1487 236333 11000 9453 1547 234786 2) Answer: For uncertain time, "After one year" can be any time. 1 C. More than 50 % interest . 2 a. only for a week, short term. to be held till maturity. more than 20% interest. less than 20% interest. f. 3 b. 5 e. 6 d.