Question: Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $2,000 million on July 1, 2021, at a price of $1900

Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $2,000 million on July 1, 2021, at a price of $1900 million. For bonds of similar risk and maturity, the market yield is 10% Interest is paid semi-annually on June 30 and December 31 Required: Prepare the journal entry to record interest at the effective interest rate at December 31. What would be the amounts) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2021, ite uses the drect method? Complete this question by entering your answers in the tabs below General Journal Cash F Prepare the journal entry to record intersat at the effective iterest rate at December 31, we try select "No journal entry require in the fest acont field. Enter your as in ons rounded to should be entered as 5.5)-) Www transaction at Journal entry worksheet red heat decimal place a 1500,000 Recard interest payment at December 31, 2021 Note ter debts before reds Date December 31 General journal Def Credt terest expense Cash Clarity Help Save & Agee Technology, Inc., issued 9% bonds, dated January 1, with a face amount of $2,000 million on July 1, 2021, at a price of $1,980 million. For bonds of similar risk and maturity, the market yield is 10% Interest is paid semi-annually on June 30 and December 311 Required: Prepare the journal entry to record interest at the effective Interest rate at December 31, What would be the amount(s) related to the bonds that Agee would report in its statement of cash flows for the year ended December 31, 2021, if it uses the direct method? Complete this question by entering your answers in the tabs below, General Jour Cash Paid What would be the amount(s) related to the bonds that Agen would report in its statement of cash flows for the year ended December 31, 2021, if a uses the direct method? (List any cash outflows with a minus sign. Enter your answers in millions rounded to decimal place (5,500,000 should be entered as 5.5) Cash inflow from operating activities Cash inflow from financing activities Cash inflow from operating actives S le millions)

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