Question: Cheyenne Corp. issues 4400, 10 year, 8%, $1000 bonds dated January 1, 2020 at 105. The journal entry to record the issuance will show a

Cheyenne Corp. issues 4400, 10 year, 8%, $1000 bonds dated January 1, 2020 at 105. The journal entry to record the issuance will show a O debit to Cash of $4400000 O credit to Cash for $4620000, O credit to Bonds Payable for $4400000. O debit to Premium on Bonds Payable for $220000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

i need someone's assistance on this one, please? Question 30 of 30 - 75 E View Policies Current Attempt in Progress Ayayai Corp. issues 1030, 10 year, 8%, $1000 bonds dated January 1, 2020, at 95....

Briar Rose Corp. issues 5,000, 10 year 8%, $1,000 bonds dated January 1, 2020. The bonds were issued at 97. How much cash did the company receive at the issuance? 255.000.000 54.850,000 5970,000...

Question 35 View Policies Current Attempt in Progress Culver Corporation issues 5900, 10 year, 8%, $1000 bonds dated January 1, 2020, at 95. The Journal entry to record the issuance will show a debit...

Question 36 View Policies Current Attempt in Progress Ayayal Corp. issues 4000, 10 year, 8%, 51000 bonds dated January 1, 2020, at 94. The journal entry to record the issuance will show a credit to...

not sure about his..please help!! Few Policies Current Attemptin Progress Riverbed Corpissues 5400, 10 year, 8%. $1000 bonds dated January 1, 2020 at 103. The journal entry to record the issuance...

What will it show? View Policies Current Attempt in Progress Cheyenne Corp. issues 4400, 10-year, 8%, $1000 bonds dated January 1, 2020, at 105. The journal entry to record the issuance will show a O...

Sarasota Corp. issues 5500, 10-year, 8%, $1000 bonds dated January 1, 2020, at 105. The journal entry to record the issuance will show a credit to Cash for $5775000. debit to Cash of $5500000. debit...

18. If a corporation declares a 10 stock dividend on its common stock, the account to be date of declaration is Common Stock Dividends Distributable b. Common Stock c. Pald-in Capital in Excess of...

> 12 of 50 View Policies Current Attempt in Progress Culver Corporation issues 5900, 10-year, 8%, $1000 bonds dated January 1, 2020, at 105. The journal entry to record the issuance will showa O...

The total cost of borrowing increased only if the bonds were issued at a premium. bonds were issued at a discount. bonds were sold at face value. None of the above Martinez Corporation issues 2,000,...

An electrically heated plate, 10 cm square, is placed in a horizontal position 5 cm below a second plate of the same size as shown schematically below. The heating surface is gray (emissivity = 0.8)...

Use the step-by-step technique to find V0(t) for t > 0 in the network in Fig. P.35. 2 4 2 H EV

You purchased a \ ( \ $ 1 0 0 0 \ ) face value zero - coupon bond one year ago for \ ( \ $ 2 6 2 . 3 1 \ ) . The market interest rate is now 6 . 0 7 percent. If the bond had 1 4 years to maturity...

TED expert Carmine Gallo suggests telling at least 3 stories in a presentation. True False

If newcomers actively seek out information, what impact should this have on the socialization process and socialization outcomes? Make at least one recommendation for how an organization can use this...

Identify and describe three potential problems common to orientation programs. How can each of these problems be overcome?

Why is the issue of statistical power important to HRD evaluation (see Appendix)? Describe two ways a researcher can increase power while controlling the cost of evaluation.