Homework Answers
answer: F) Both c and D.
Reason: Carrying Value of a Bond Payable = Face Value of Bond Payable + Premium on Bond payable - Discount on Bond payable. Bonds are generally issued at premium or discount because of the interest rate fluctuation. issuing a Bond on Premium or discount depends on the difference between the Market Rate of Interest and the Stated Bond Interest Rate. These Premiums and discounts are amortised over the life of the Bond so that Book Vale equals its Face Value on maturity.
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what is the correct answer choice i do not understand? This Question: 1 pt The carrying...
what is the correct answer choice i do not understand? Campbell Corporation reported net income of...
what is the correct answer choice i do not understand?
Campbell Corporation reported net income of $120,000, income before taxes of $261,000 and interest expense of $29,000. What is the times interest-earned ratio? (Round your final answer to two decimal places) OA. 4.14 OB 10.00 OC. 900 OD. 514 Click to select your answer -e to search
This Question: 1 pt Over the term of the bonds, the balance in the Premium on...
This Question: 1 pt Over the term of the bonds, the balance in the Premium on Bonds Payable account will: O A. increase or decrease if the market is unstable. O B. decrease O C. increase OD. not change until the bonds mature. Click to select your answer. esc
e carrying value of bonds at maturity always equals. Multiple Choice O the amount in excess...
e carrying value of bonds at maturity always equals. Multiple Choice O the amount in excess of par value. O the amount of cash originally received in exchange for the bonds. O the amount of discount or premium O the amount of cash originally received in exchange for the bonds plus any unamortized discount or less any premium. O the par value of the bond. < Prev 1 of 2 Next > Multiple Choice o The contract rate is above...
2.5.85 Solve - . = I for What is the result for ? Choose the correct...
2.5.85 Solve - . = I for What is the result for ? Choose the correct answer below. O A. 0 Solve A- OB. I-A.. To solve th below. 0 OD. 1. -T Divide both Thus, the equ Question is comp Click to select your answer and then click Check Answer. All parts showie All parts showing O Type here to search Rt e
what is the correct anser choice and why? ACG 2021 Fall 2019 Quiz: Appendix F Quiz This Question: 1 pt 3 of 4 (0 co...
what is the correct anser choice and why?
ACG 2021 Fall 2019 Quiz: Appendix F Quiz This Question: 1 pt 3 of 4 (0 complete) You are calculating the present value of $1,000 that you will receive five years from now which table will you use to obtain the present value factor to calculate the present value of that $1,000? O A Future Value of Ordinary Annuity of $1 OB. Future Value of $1 table OC. Present Value of $1...
This Question: 1 pt -1 The function f(x) = 5 + 1 is one-to-one. (a) Find...
This Question: 1 pt -1 The function f(x) = 5 + 1 is one-to-one. (a) Find the inverse off and check the answer (b) Find the domain and the range of fandf (a) f(x)=0 (Simplify your answer) (b) Find the domain off. Select the correct choice below and, if necessary, fill in the answer box to complete your cho O A. The domain is {xIx*} OB. The domain is {xlxs) OC. The domain is {xlx2 OD. The domain is the...
Which is the correct answer Spring 2020 Section 902 (1) Quiz: chapter 4 quiz This Question:...
Which is the correct answer
Spring 2020 Section 902 (1) Quiz: chapter 4 quiz This Question: 1 pt + 3 of Refer to the following adjusted trial balance after the first year of operations. Credit Debit $1,600 8,200 400 19,500 Equipment Accounts Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Uneared Revenue Common Stock Dividends O A. $26,150 O B. $23,350 O c. $22,350 OD. $21,350 $2,000 1,400 850 300 3,800 1.000 Click to select your...
Do It! Review 10-3b Your answer is partially correct. Try again. Pina Colade Corp. issued $496,000...
Do It! Review 10-3b Your answer is partially correct. Try again. Pina Colade Corp. issued $496,000 of 12-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $481,120, the company redeemed the bonds at 98. Prepare the entry to record the redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Debit Premium on Bonds Payable Discount on Bonds Payable Discount...
____8. Which of the following is NOT a characteristic of bonds? A- Secured bonds B-Coupon bonds...
____8. Which of the following is NOT a characteristic of bonds? A- Secured bonds B-Coupon bonds C-Variable bonds D-Serial bonds E-All of these 9. The total interest expense associated with a bond issue is the sum of the actual interest payments: A-Plus any related bond discount B-Plus any related bond premium C-Minus any related bond discount D-Minus any related bond premium E-Both A and D 10. The amount at which bonds payable should be shown on the balance sheet is...
what are the correct answers for the boxes i do not understand? on January1, 20197 How...
what are the correct answers for the boxes i do not understand?
on January1, 20197 How much cash will Halbach Corporation pay back at maturity? i Reference Premium Account Semiannual Interest Bond Carrying Interest Premium Interest Date Payment Expense Amortization Balance Amount Jan 1, 2019 114,460 814,460 16,289 Jun 30, 2019 21,000 4,711 109,749 809,749 Dec 31, 2019 21,000 16,195 4,805 104,944 804,944 Jun 30, 2020 21,000 16,099 4,901 800,043 100,043 Print Done e edit fields and then continue to...
what is the correct answer choice i do not understand?
Campbell Corporation reported net income of $120,000, income before taxes of $261,000 and interest expense of $29,000. What is the times interest-earned ratio? (Round your final answer to two decimal places) OA. 4.14 OB 10.00 OC. 900 OD. 514 Click to select your answer -e to search
This Question: 1 pt Over the term of the bonds, the balance in the Premium on Bonds Payable account will: O A. increase or decrease if the market is unstable. O B. decrease O C. increase OD. not change until the bonds mature. Click to select your answer. esc
e carrying value of bonds at maturity always equals. Multiple Choice O the amount in excess of par value. O the amount of cash originally received in exchange for the bonds. O the amount of discount or premium O the amount of cash originally received in exchange for the bonds plus any unamortized discount or less any premium. O the par value of the bond. < Prev 1 of 2 Next > Multiple Choice o The contract rate is above...
2.5.85 Solve - . = I for What is the result for ? Choose the correct answer below. O A. 0 Solve A- OB. I-A.. To solve th below. 0 OD. 1. -T Divide both Thus, the equ Question is comp Click to select your answer and then click Check Answer. All parts showie All parts showing O Type here to search Rt e
what is the correct anser choice and why?
ACG 2021 Fall 2019 Quiz: Appendix F Quiz This Question: 1 pt 3 of 4 (0 complete) You are calculating the present value of $1,000 that you will receive five years from now which table will you use to obtain the present value factor to calculate the present value of that $1,000? O A Future Value of Ordinary Annuity of $1 OB. Future Value of $1 table OC. Present Value of $1...
This Question: 1 pt -1 The function f(x) = 5 + 1 is one-to-one. (a) Find the inverse off and check the answer (b) Find the domain and the range of fandf (a) f(x)=0 (Simplify your answer) (b) Find the domain off. Select the correct choice below and, if necessary, fill in the answer box to complete your cho O A. The domain is {xIx*} OB. The domain is {xlxs) OC. The domain is {xlx2 OD. The domain is the...
Which is the correct answer
Spring 2020 Section 902 (1) Quiz: chapter 4 quiz This Question: 1 pt + 3 of Refer to the following adjusted trial balance after the first year of operations. Credit Debit $1,600 8,200 400 19,500 Equipment Accounts Cash Accounts Receivable Office Supplies Equipment Accumulated Depreciation Accounts Payable Salaries Payable Uneared Revenue Common Stock Dividends O A. $26,150 O B. $23,350 O c. $22,350 OD. $21,350 $2,000 1,400 850 300 3,800 1.000 Click to select your...
Do It! Review 10-3b Your answer is partially correct. Try again. Pina Colade Corp. issued $496,000 of 12-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $481,120, the company redeemed the bonds at 98. Prepare the entry to record the redemption of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Debit Premium on Bonds Payable Discount on Bonds Payable Discount...
what are the correct answers for the boxes i do not understand?
on January1, 20197 How much cash will Halbach Corporation pay back at maturity? i Reference Premium Account Semiannual Interest Bond Carrying Interest Premium Interest Date Payment Expense Amortization Balance Amount Jan 1, 2019 114,460 814,460 16,289 Jun 30, 2019 21,000 4,711 109,749 809,749 Dec 31, 2019 21,000 16,195 4,805 104,944 804,944 Jun 30, 2020 21,000 16,099 4,901 800,043 100,043 Print Done e edit fields and then continue to...
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