Louisiana Corporation acquired on January 1, 2017 a bond investment for $200,000 discounted at 6%, @ 8
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Louisiana Corporation acquired on January 1, 2017 a bond investment for $200,000 discounted at 6%, @ 8 years, for a total of $156,648 and $6,000 payable every six months. (In January 1 and July 1). The bond matures on January 1, 2025 with a yield of 10%.
Amortizacion de bonos | ||||||
Payment | Interest | Discount | ||||
Years | Principal | Fixed | Pay | Amortized | Balance | |
1-Jan-17 | ||||||
1 | 1-Jul-17 | |||||
2 | 1-Jan-18 | |||||
3 | 1-Jul-18 | |||||
4 | 1-Jan-19 | |||||
5 | 1-Jul-19 | |||||
6 | 1-Jan-20 | |||||
7 | 1-Jul-20 | |||||
8 | 1-Jan-21 | |||||
9 | 1-Jul-21 | |||||
10 | 1-Jan-22 | |||||
11 | 1-Jul-22 | |||||
12 | 1-Jan-23 | |||||
13 | 1-Jul-23 | |||||
14 | 1-Jan-24 | |||||
15 | 1-Jul-24 | |||||
16 | 1-Jan-25 |
Related Book For
Intermediate Accounting
ISBN: 978-1119048541
11th Canadian edition Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
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