CourseLover

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About CourseLover

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Elementary,Middle School,High School,College,University,PHD

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 287 Weeks Ago, 2 Days Ago
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Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 13 Dec 2017 My Price 10.00

CASH DIVIDENDS

i got 6 handouts that i need to get their answers by Tuesday 10:am  

 

Handout #12 College: Day(s): Name: ISSUING BONDS On January 1, 2013, $800,000, 5-year, bonds with a contract rate of 8% payable annually were issued for cash of $684,627 when the market rate of interest was 12%. Were these bonds issued at a discount or at a premium? Why? Prepare the journal entry to record the issuance (sale) of the bonds: Complete the following interest schedule (assuming straight-line amortization): Date Cash Payment of Interest Interest Expense Amortization of Discount Carrying Value (Net Liability or NBV) 1/1/2013 None None None 12/31/2013 12/31/2014 12/31/2015 12/31/2016 12/31/2017 Prepare the journal entry to record the first payment of interest on 12/31/2013: Complete the following interest schedule (assuming effective-interest amortization): Date Cash Payment of Interest Interest Expense Amortization of Discount Carrying Value (Net Liability or NBV) 1/1/2013 None None None 12/31/2013 12/31/2014 12/31/2015 12/31/2016 12/31/2017 Difference is due to rounding.

 

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CourseLover
(12)
Status NEW Posted 13 Dec 2017 03:12 PM My Price 10.00

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