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e ed " te 3 TH of DE ti Quiz: Quiz Chapter 1 This Question: 2 pts n fi Cash Paid Upon issuance of the bonds payable, the company received $9200 Requirement 2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round all numbers to the nearest whole Tdollar.) Interest Expense 9000 mathxl.com Managerial Accounting Summer 2017 Premium Amortized 10 3 of 5 (5 complete) Jon Spelman issued $200,000 of 9%, 8-year bonds payable on January 1, 2014. The market interest rate at the date of issuance was 6%, and the bonds pay interest semiannually. (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of Annuity of $1 table.) (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of Annuity of $1 table.) Read the requirements. Carrying Amount 200000 A 01/01/2014 06/30/2014 12/31/2014 Requirement 3. Journalize the issuance of the bonds on January 1, 2014, and payment of the first semiannual interest amount and amortization of the bond on June 30, 2014. Choose from any list or enter any number in the input fields and then continue to the next question. 18 W 23% Wed 11:50 AM albert vigo & www A Ell 5/10/17 11:50 AM Submit Quiz This Quiz: 10 pts possible a 162% 19 e ed " te 3 TH of DE ti Quiz: Quiz Chapter 1 This Question: 2 pts n fi Cash Paid Upon issuance of the bonds payable, the company received $9200 Requirement 2. Prepare an amortization table for the bond using the effective-interest method, through the first two interest payments. (Round all numbers to the nearest whole Tdollar.) Interest Expense 9000 mathxl.com Managerial Accounting Summer 2017 Premium Amortized 10 3 of 5 (5 complete) Jon Spelman issued $200,000 of 9%, 8-year bonds payable on January 1, 2014. The market interest rate at the date of issuance was 6%, and the bonds pay interest semiannually. (Click the icon to view the Present Value of $1 table.) (Click the icon to view the Present Value of Annuity of $1 table.) (Click the icon to view the Future Value of $1 table.) (Click the icon to view the Future Value of Annuity of $1 table.) Read the requirements. Carrying Amount 200000 A 01/01/2014 06/30/2014 12/31/2014 Requirement 3. Journalize the issuance of the bonds on January 1, 2014, and payment of the first semiannual interest amount and amortization of the bond on June 30, 2014. Choose from any list or enter any number in the input fields and then continue to the next question. 18 W 23% Wed 11:50 AM albert vigo & www A Ell 5/10/17 11:50 AM Submit Quiz This Quiz: 10 pts possible a 162% 19
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Face Value 200000 Annual Coupon Rate 9 Semiannual Coupon Rate 45 Semi... View the full answer
Related Book For
Financial Accounting
ISBN: 978-0133427530
10th edition
Authors: Walter Harrison, Charles Horngren, William Thomas
Posted Date:
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