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Date of bonds: January 1, 2018 Maturity amount and date: $290,000 due in 10 years (December...

Date of bonds: January 1, 2018 Maturity amount and date: $290,000 due in 10 years (December 31, 2027) Interest: 9.0 percent per year payable each December 31 Date issued: January 1, 2018 Required: For each of the three independent cases that follow, provide the following amounts to be reported on the January 1, 2018, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.)

January 1, 2018—Financial Statements: Case A (issued at 100) Case B (at 98) Case C (at 102) a. Bonds payable b. Unamortized premium (discount) c. Carrying value

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January 1, 2018, financial statements
Particulars Case A Case B Case C
Bond Payable $290,000.00 $290,000.00 $290,000.00
Unamortized Premium (Discount) $0.00 -$5,800.00 $5,800.00
Carrying value $290,000.00 $284,200.00 $295,800.00
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