Computing Amounts under Effective Interest and Straight-Line Interest Methods For the following separate bond issues, assume...

 

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Computing Amounts under Effective Interest and Straight-Line Interest Methods For the following separate bond issues, assume that the bonds are sold on January 1, 2020, interest is paid semiannually on July 1 and December 31, and the bond term is 5 years. Complete the following schedule by measuring the bond selling price on January 1, 2020, and interest expense and interest paid for 2020. Note: Round your answers to the nearest whole dollar. Face Value Stated Market Case of Bonds Rate Rate 696 $25,000 6% 5% 100,000 4% 59 325,000 59 1,250,000 0% 496 7% 6% 200,000 7% 250,000 6% 8% 1 2 3 4 5 6 Amortization Bond Selling Method Price Effective interest S Effective interest Straight-line Straight-line Effective interest Straight-line Interest Expense 2020 OS 0 0 0 0 0 Interest Paid 2020 OS 0 0 0 0 0 0 0 0 0 0 0 Computing Amounts under Effective Interest and Straight-Line Interest Methods For the following separate bond issues, assume that the bonds are sold on January 1, 2020, interest is paid semiannually on July 1 and December 31, and the bond term is 5 years. Complete the following schedule by measuring the bond selling price on January 1, 2020, and interest expense and interest paid for 2020. Note: Round your answers to the nearest whole dollar. Face Value Stated Market Case of Bonds Rate Rate 696 $25,000 6% 5% 100,000 4% 59 325,000 59 1,250,000 0% 496 7% 6% 200,000 7% 250,000 6% 8% 1 2 3 4 5 6 Amortization Bond Selling Method Price Effective interest S Effective interest Straight-line Straight-line Effective interest Straight-line Interest Expense 2020 OS 0 0 0 0 0 Interest Paid 2020 OS 0 0 0 0 0 0 0 0 0 0 0

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Case 1 2 3 4 5 6 Face Value of Bond Stated Rate 5000 20000 65000 250000 40000 50000 500 400 500 000 700 600 Market Rate Amortisation Method Bond Selling Price Interest Expense 2020 Interest Paid 288 6... View the full answer