masudur Chowdhury 1 4 Homework: Week Eleven: Chapter 11: Problems Score: 0 of 1 pt P14-32A (similar to) 4 2 of 4 (0 completo) HW Scor Que Danny's Hamburgers ssued 8%, 10-year bonds payable at 70 on December 31, 2016. At December 31, 2018 Danny reported the bonds payable as follows EEB (Click the icon to view the bonds paryable.) Danny's pays semiannual interest each June 30 and December 31. (Assume bonds payable are amortized using the straighi-line amortlization method,) Read the requirements Data Table Requirement 1. Answer the folowing questions about Danny's bonds payable a. What is the maturity value of the bonds? s Requirements Long-corm Liablities: Bonds Payable Less: Discount on Bonds Payable S 400,000 96.000 s 304,00 1. Answer the following questions about Danny's bonds payable a. What is the maturity value of the bonds? b. What is the carrying amount of the bonds at December 31, 2018? C. What is the somiannual cash interest payment on the bonds? d. How much interest expense should the company record each year? Print Done Enter your answer in the answer box and then ci 2. Record the June 30, 2018, semiannual intorest payment and amortizaton of the discount Print Done O Type here to search 4/2