F E 2 2 BE9-4 1 E 41 S16 7. 8 1 9. 1 F -10- 111 12. 1. 13 3 Beta Corp. invested in a 3-year, $100 face value 8% bond, paying $95.03. At this price, the bond will yield a 10% return. Interest is payable annually. (a) Prepare bond amortization table if Beta uses effective interest method for IFRS. => Amortized Cost Effective interest method Straight line method (b) Prepare journal entries to record initial investment, receipt of interest, recognition of interest income in each of 3 years, maturity of the bond at the end of 3rd year. (c) Assuming Beta applies ASPE and has chosen to use the straight-line method => Amortized Cost teyase

BE9-4 Beta Corp. invested in a 3 -year, $100 face value 8% bond, paying $95.03. At this price, the bond will yield a 10% return. Interest is payable annually. (a) Prepare bond amortization table if Beta uses effective interest method for IFRS. Amortized Cost (b) Prepare journal entries to record initial investment, receipt of interest, recognition of interest income in each of 3 years, maturity of the bond at the end of 3rd year. (c) Asuming Beta applies ASPE and has chosen touse the straight-line method Amortized Cost - Effective interest method - Straight line method