Question: 60,000 Homework 1.2 Benda Payable Bond U Par Value Term Contra Imerest Rate Market Interest Rate IR PRICE Gyan 10% UN 103 1) In this






60,000 Homework 1.2 Benda Payable Bond U Par Value Term Contra Imerest Rate Market Interest Rate IR PRICE Gyan 10% UN 103 1) In this band being hued at Par Value, at a Dcount, orata Premium? 2) the bond pays Interest semi-annual, how many total Interest payments will be made? 3) What is the amount of each interest payment? 4) How much cash will be received when this bendiximud? s) there is a Discount or Premium, how much ? If there is a liscount or Premium, how much will be emortiled with each interest payment? 7) What amount of interest expense will be booked each time Interest la paid? B) What is the journal entry at isance? DRVOR Account Deb Credit 9) What is the journal for the semi-annual interest payment? DR/OR Account Det Cred 10) What is the journalt retirement? DRIOR Account Debit Crect 80,000 Homework 12 Hands Payable Bond V Par Vale Term Contact Interest Rate Market Interest Rate Issue Price 3X 4% 1) In this bond being lasued at Par Value, at Discount, orata Premium? 2) If the bond pays Interest semi-annually, how many total interest payments will be made? 3) What is the amount of each interest payment? 4) How much cash will be received when this band Is lued? s) If there is a Discount or Premium, how much is it? 6) Where is a Discount or Premium, how much will be amortized with each Interest payment? 7) What amount of interest expense will be booked each time Interest is paid? 8) What is the journal entry at issuance? Account Debit DRIOR Credit 9) What is the journal for the semi-annual interest payment? Account Debit DRIOR Credit 10) What is the journal at retirement? DR/CR Account Debit Cred 20.000 Homework 12 Bands Payable Rond V Par Value Term Contra interest Rate Market Interest Rate SURFFICE SK SN Tod 1) Is this bond being laudat Par Value, at count, orata Premium? 2) Wthe bond pays Interest semi-annually, how many total interest payments will be made? 3) What is the amount of each interest payment? 4) How much cash will be received when this bond sued? 5) If there is a licount or Premium, how much? there las Discount or Premium, how much will be amonlund with each interest payment? 7) What amount of Interest expense will be booked each time Interest la paid? 3) What is the journal entry at issuance? Account Debit Credit DRVOR 9) What is the journal for the semi-annual interest payment? Account Debit DRIOR Credit 10) What is the journal at retirement? Debit Credit DR/OR Account 100,000 Homework 12 Bonds Payable Hondx Par Value Term Contrad Interest rate Market Interest Rate stue Price Syears EX 10% 96 1) Is this bond being sued at Fx Value, at Discount, or ata Premium? 2) If the bond pays Interest semi-annually, how many total interest payments will be made? 3) What is the amount of each interest payment? 4 How much cash will be received when this bond is lsued? s if there is a Discount or Premium, how much is it? 6) if there is a Discount or Premium, how much will be amortized with each interest payment? 7 What amount of interest expense will be booked each time interest is paid? 8) What is the journal entry at issuance? DR/OR Account Debat Credi 9) What is the journal for the semi-annual interest payment? DR/01 Account Deba Credit 10) What is the journal al retirement? Account Debit DROR Credit 1,000 Homework 12 Banda Payable Rondy Par Value Term Contact Interest Rate Market Interest Rate buse Price 2 years EN 8% 100 1) I thila bond being lasued at Par Value, at Discount, or at a Premium? 2) If the bond pay interest semi-annually, how many total interest payments will be made? 3) What lathe amount of each Interest payment? 4) How much eash will be recelved when this bond issued? 5) If there is a Discount or Premium, how much lik? 6) there is a Discount or Premium, how much will be amortized with each Interest payment? 7) What amount of interest expense will be booked each time interest is paid? ) What is the journal entry at isance? DR/C Account Debit Credit 9) What is the journal for the semi-annual interest payment? DRVOR Account Debit Credit 10) What is the journal at retirement? DRVO Account Debit Credit Homework 12 Bands Payable Bond z 50,000 Par Value Term 10 years Contract interest Rate Market Interest Rate Issue Price 5X 104 1) In this bond being ked at Par Value, ata Discount, orata Premium? 2) the bond paya interest semh-annually, how many total interest payments will be made? 3) What is the amount of each interest payment? 4 How much cash will be received when this bond is issued? s there is a Discount or Premium, how much is 27 6) If there is a Discount or Premium, how much will be amortized with each interest payment? 7) What amount of interest expense will be booked each time interest is paid? 3) What is the journal entry at issuance? DRIOR Creek Account Deb 9) What is the journal for the semi-annual interest payment? DR/OR Account Deb Credit 10) What is the journal at retirement! OR/OR Account Debit Credit DR CR Cash Bonds Payable Discount Interest Expense Premium
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