January 1, 2021 | Cash | $544,795 | |
Discount on bonds payable | $55,205 | ||
Bonds payable | $600,000 |
June 30, 2021 | Interest expense ($544,795*4.5%) | $24,516 | |
Bond discount | $516 | ||
Cash ($600,000*4%) | $24,000 |
December 31, 2021 | Interest expense [($544,795+$516)*4.5%)] | $24,539 | |
Bond discount | $539 | ||
Cash ($600,000*4%) | $24,000 |
on.com/flow/connecthem mework Saved Help Save & Exit Submit Check my work On January 1, 2021, Twister...
Save &Exit Submit Help Saved Check my work On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $540,000 of 7 % bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year rt 2 of 3 2. If the market interest rate is 8 % , the bonds will issue at $503,306. Record the bond issue on January 1, 2021, and the first two semiannual interest payments...
Saved Help Save & Exit HW 9 0 Submit Check my work On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $540,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year Part 1 of 3 Required: 1. If the market interest rate is 7%, the bonds will issue at $540,000. Record the bond issue on January 1, 2021, and the first two semiannual...
On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $460,000 of 6% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 7%, the bonds will issue at $410,883. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021. On January 1, 2021, Twister Enterprises, a...
Required information The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, Issues $560,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required: 1. If the market interest rate is 7%, the bonds will issue at $560,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30,...
Required information [The following information applies to the questions displayed below) On January 1, 2021 Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $560,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 8%, the bonds will issue at $511.582. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021,...
[The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $550,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 6%, the bonds will issue at $603,901. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December...
Required information [The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $570,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 9%, the bonds will issue at $517,555. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021,...
Watch Soccer LIV. Net YouTube Jokerlivestream.- Seved na streams rod Help Save & Ear Submit Check my work Required information The following information applies to the questions displayed below.) On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $490,000 of 8% bonds, due in 10 years, with interest payable semiannually on June 30 and December 31 each year. 2. If the market interest rate is 9%, the bonds will issue at $458,131. Record...
Required information [The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $570,000 of 8% bonds, due in 20 years, with interest payable semiannually on June 30 and December 31 each year. Required: 1. If the market interest rate is 8%, the bonds will issue at $570,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30,...
Required information [The following information applies to the questions displayed below.] On January 1, 2021, Twister Enterprises, a manufacturer of a variety of transportable spin rides, issues $520,000 of 7% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. 3. If the market interest rate is 6%, the bonds will issue at $570,961. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021,...