EXERCISE 10-13 A

Exercise 10-13A Determining the amount of bond premiums and discounts Required For each of the following situations, calculate the amount of bond discount or premium, if any: a. Gray Co. issued $80,000 of 6 percent bonds at 1011/41. b. Bush, Inc. issued $200,000 of 10 -year, 6 percent bonds at 97121. c. Oak, Inc. issued $100,000 of 20-year, 6 percent bonds at 103 . d. Willow Co. issued $180,000 of 15 -year, 7 percent bonds at 99 . Exercise 10-13A Determining the amount of bond premiums and discounts Required For each of the following situations, calculate the amount of bond discount or premium, if any: a. Gray Co. issued $80,000 of 6 percent bonds at 101\%. b. Bush, Inc. issued $200,000 of 10-year, 6 percent bonds at 971/2 c. Oak, Inc. issued $100,000 of 20-year, 6 percent bonds at 103 . d. Willow Co. issued $180,000 of 15 -year, 7 percent bonds at 99 . Exercise 10-13A Determining the amount of bond premiums and discounts Required For each of the following situations, calculate the amount of bond discount or premium, if any: a. Gray Co. issued $80,000 of 6 percent bonds at 10141. b. Bush, Inc. issued $200,000 of 10-year, 6 percent bonds at 971/2. c. Oak, Inc. issued $100,000 of 20-year, 6 percent bonds at 103 . d. Willow Co. issued $180,000 of 15 -year, 7 percent bonds at 99 . Exercise 13A: A. B. C. D