Question: need part C and problem 12-2 Chapter 12 Problem Set A Problem 12:2 Southwest Gas and Oil Corporation recently issued 7.500 bonds with a $1.000
Chapter 12 Problem Set A Problem 12:2 Southwest Gas and Oil Corporation recently issued 7.500 bonds with a $1.000 face value. 5 year bond. with a stated rate of Interest is paid annually Part A calculate the amount of the premium or discount and the amount of cash received in each of the following situation lued at par value Issued at 102 Issued a 97 Part 8 Prepare the journal entry for issuance in each of the following situation: sued at per value blued at 102 dat 97 Part Calculate the amount of a single interest payment. Calculate the total amount of interest paid over the life of the bond c. Calculate the total amount paid out over the life of the bond d. Collate the cost of borrowing in each stuation sed ut par value Problem 12:2 ABC, Inc. issued $500,000,7%, 25-year bonds on January 1, 2019, at 99. Interest is payable annually on December 31% ABC, Inc. uses straight line amortization of bond discount or premium Part Ac Issuance a. Calculate the amount of the discount. be Calculate the amount of cash received.
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