Question: q2 please provide Complete solution Thank you Question 2 2 pts On July 1, 2020. an entity issued for P1,835,480, P2,000,000 face amount of its

q2 please provide Complete solution Thank you Question 2 2 pts

q2 please provide Complete solution Thank you

Question 2 2 pts On July 1, 2020. an entity issued for P1,835,480, P2,000,000 face amount of its 10%, P1,000 bonds. The bonds were issued to yield The bonds are dated July 1, 2020 and mature on July 1, 2026. Interest is payable annually on July 1. The entity uses effective interest method to amortize bond discount. Determine the balance of the bonds payable presented in the December 31, 2021 statement of financial position. 0 1,878,427 O 1.867.083 ( 1.855.738 0 2.000.000

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