Question: a . Show Excel inputs to confirm the bond issue price. Note: Round your answer to two decimal places. rate = Answer 0 . 0
a Show Excel inputs to confirm the bond issue price.
Note: Round your answer to two decimal places.
rate Answer
nper Answer
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b Indicate the financial statement effects using the template for bond issuance, semiannual interest payment and discount amortization on June of the current year, and semiannual interest payment and discount amortization on December of the current year.
Note: For each account category, indicate the appropriate account name. Enter NA for any account category that is not used for a given transaction.
Note: Indicate a decrease in an account category by including a negative sign with the amount.
Note: Round your answers to the nearest whole dollar.
Balance Sheet Income Statement
Transaction Cash Asset Noncash Assets Liabilities Contrib. Capital Earned Capital Revenues Expenses Net Income
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Cash
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NA
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Accounts payable
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NA
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NA
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NA
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NA
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Cash
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Gain on bond retirement
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NA
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NA
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NA
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Interest revenue
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Loss on bond retirement
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