Question: Ch 10: Homework Assignment Seving Help 11 CP10-4 (Algo) Comparing Bonds Issued at Par, Discount, and Premium (LO 10-3) 1 points book Sikes Corporation, whose

 Ch 10: Homework Assignment Seving Help 11 CP10-4 (Algo) Comparing Bonds

Ch 10: Homework Assignment Seving Help 11 CP10-4 (Algo) Comparing Bonds Issued at Par, Discount, and Premium (LO 10-3) 1 points book Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2021 Maturity amount and date: $270,000 due in 10 years (December 31, 2030) Interest 10 percent per year payable each December 31 Date issued: January 1, 2021 Required: 1. For each of the three independent cases that follow provide the amounts to be reported on the January 1, 2021, financial statements immediately after the bonds are issued. TIP: See Exhibit 10.6 for an illustration distinguishing Bonds Payable from their carrying value. (Deductions should be indicated by a minus sign.) Print Casa A (AL 100) Case (Aton Carec (Al 101) January 1, 2021 -Financial statements: Bonds payable b. Unamortized premium for count) c Carrying value

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