Question: plz help find the answer CLICK HERE TO SAVE YOUR WORK B D E H M 2 Question: LTL-Bonds (10 marks) 2 3 Morning Automation

CLICK HERE TO SAVE YOUR WORK B D E H M 2 Question: LTL-Bonds (10 marks) 2 3 Morning Automation Ltd. Issued 6%, 10-year bonds with a face value of $100 million at par on May 1, 2020. The bonds pay interest on October 31 and April 30 each year. The first payment was made on October 31, 2020. Morning's year end is December 31. 4 5 6 a. Determine the cash received on issuance and the yield for the 10-year bonds issued by Morning Automation. (2 marks) 12 13 4 5 b. Prepare the journal entry for the issuance of the bond. (4 marks) Sheet1 New... 7 8 9 10 11 B C 14 15 b. Prepare the journal entry for the issuance of the bond. (4 marks) 24 25 6 c. Prepare the journal entries required at October 31 and December 31, 2020 and the entry for the interest payment on April 30, 2021. (4 marks) Sheet1 New... 17 19 18 20 21 23 16 22 SAAAAA9 10 13 11 12
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