Oriole Company sold $3,140,000, 9%, 10-year bonds on January 1, 2025. The bonds were dated January...

Transcribed Image Text:

Oriole Company sold $3,140,000, 9%, 10-year bonds on January 1, 2025. The bonds were dated January 1, 2025, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually. (a) Question Part Score (b) Question Part Score (c) Question Part Score (d) Your answer is partially correct. Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 104 at December 31, 2025. Long-term Liabilities Bonds Payable Add V: Premium on Bonds Payable ORIOLE COMPANY Balance Sheet (Partial) December 31, 2025 3140000 $ Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 95 at December 31, 2025. Long-term Liabilities Bonds Payable Less V Discount on Bonds Payable ORIOLE COMPANY Balance Sheet (Partial) December 31, 2025 3140000 S 7.51/7.51 10.51/10.51 6.45/6.45 Oriole Company sold $3,140,000, 9%, 10-year bonds on January 1, 2025. The bonds were dated January 1, 2025, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually. (a) Question Part Score (b) Question Part Score (c) Question Part Score (d) Your answer is partially correct. Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 104 at December 31, 2025. Long-term Liabilities Bonds Payable Add V: Premium on Bonds Payable ORIOLE COMPANY Balance Sheet (Partial) December 31, 2025 3140000 $ Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 95 at December 31, 2025. Long-term Liabilities Bonds Payable Less V Discount on Bonds Payable ORIOLE COMPANY Balance Sheet (Partial) December 31, 2025 3140000 S 7.51/7.51 10.51/10.51 6.45/6.45