Documents Q- Search in Document Home Insert Design Layout References Mailings Review View 9+ Share A A. A E. 14 Aa BbcDdEe Calibri (Bodyl 12 A- A BIU Uabe XX AaBbcode No Spacing AabbccDc : A35CcDde AaBb AaBbccodec AOBUCCDdae Abbcode Emph Paste A. Nam Hong 1 Heading 2 Title Subtitle Sub Emp 1 Styles Pane Intermediate Accounting Chapter 12 Homework for Credit Problem #1: Debt securities held to maturity Par Value of Bonds Purchased Stated Interest Rate Effective Interest Rate Purchased On Interest Paid Interest for 1/1 - 6/30 paid on Interest for 7/1 - 12/31 paid on Years to maturity $ 350,000 5.00% 2.50% 4.00% 2.00% 171720X2 Semi-Annual July 1st of current year January 1st of next year 10 CONSIDER THESE ADDITIONAL FACTS: Bonds Called on 10/1/X6 Call% 103% 6.) Compute the proceeds on the call of the bond. 7.) Compute the carrying value of the bond at the cal date. 8.) Compute the gain or loss on the call of the bonds. . 9.) Consider the joumal entry required to record the call of the bond. What impact does the journal entry have on net income? 10.) Consider the journal entry required to record the call of the bond. What impact does the journal entry have on stockholder's equity? Page 1 of 1 O words CE English (United States) + 173% Documents Q- Search in Document Home Insert Design Layout References Mailings Review View 9+ Share A A. A E. 14 Aa BbcDdEe Calibri (Bodyl 12 A- A BIU Uabe XX AaBbcode No Spacing AabbccDc : A35CcDde AaBb AaBbccodec AOBUCCDdae Abbcode Emph Paste A. Nam Hong 1 Heading 2 Title Subtitle Sub Emp 1 Styles Pane Intermediate Accounting Chapter 12 Homework for Credit Problem #1: Debt securities held to maturity Par Value of Bonds Purchased Stated Interest Rate Effective Interest Rate Purchased On Interest Paid Interest for 1/1 - 6/30 paid on Interest for 7/1 - 12/31 paid on Years to maturity $ 350,000 5.00% 2.50% 4.00% 2.00% 171720X2 Semi-Annual July 1st of current year January 1st of next year 10 CONSIDER THESE ADDITIONAL FACTS: Bonds Called on 10/1/X6 Call% 103% 6.) Compute the proceeds on the call of the bond. 7.) Compute the carrying value of the bond at the cal date. 8.) Compute the gain or loss on the call of the bonds. . 9.) Consider the joumal entry required to record the call of the bond. What impact does the journal entry have on net income? 10.) Consider the journal entry required to record the call of the bond. What impact does the journal entry have on stockholder's equity? Page 1 of 1 O words CE English (United States) + 173%