accounting

Project Description:

during the year, shor company issued several series of bonds. for each bond, record the journal entry that must be made upon the issuance date. (round to the nearest dollar; a calculator is needed for 2 and 3.)
• 1. on march 15, a 20-year, $5,000 par value bond series with annual interest of 9 percent was issued. three thousand of these bonds were issued at a price of 98. interest is paid semiannually.
• 2. on january 20, a series of 15-year, $1,000 par value bonds with annual interest of 8 percent was issued at a price giving a current yield to maturity of 6.5 percent. issuance costs for the 7,000 bonds issued were $250,000. interest is paid annually.
• 3. on october 31, a 10-year, $1,000 par value bond series with annual interest of 7 percent was issued at a price to give a current yield to maturity of 8 percent. interest on the 5,000 bonds issued is paid semiannually
Skills Required:
Project Stats:

Price Type: Negotiable

Completed
Total Proposals: 8
1 Current viewersl
32 Total views
Project posted by:

Proposals

Proposals Reputation Price offered
  • 4.7
    231 Jobs 154 Reviews
    $20 in 0 Day
  • 4.8
    405 Jobs 247 Reviews
    $0 in 0 Day
  • 4.3
    309 Jobs 189 Reviews
    $20 in 0 Day
  • 4.5
    94 Jobs 58 Reviews
    $0 in 0 Day
  • 5.0
    5 Jobs 3 Reviews
    $0 in 0 Day
  • 4.1
    70 Jobs 30 Reviews
    $25 in 0 Day