subject
Business, 02.12.2019 21:31 WTDjase

Journalize the entries to record the following:
issuance of the bonds.

first semiannual interest payment. the bond discount amortization is combined with the semiannual interest payment. (round your answer to the nearest dollar.)
second semiannual interest payment. the bond discount amortization is combined with the semiannual interest payment. (round your answer to the nearest dollar.)
for a compound transaction, if an amount box does not require an entry, leave it blank. round your answers to the nearest dollar.

1. cash
discount on bonds payable
bonds payable
2. interest expense
discount on bonds payable
cash
3. interest expense
discount on bonds payable
cash

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 20:00
On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?
Answers: 1
question
Business, 22.06.2019 22:10
Consider the labor market for computer programmers. during the late 1990s, the value of the marginal product of all computer programmers increased dramatically. holding all else equal, what effect did this process have on the labor market for computer programmers? the equilibrium wagea. increased, and the equilibrium quantity of labor decreased. b. decreased, and the equilibrium quantity of labor increased. c. increased, and the equilibrium quantity of labor increased. d. decreased, and the equilibrium quantity of labor decreased.
Answers: 3
question
Business, 22.06.2019 22:30
Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producing only that good. in this case, the country that produces jeans will produce million pairs per week, and the country that produces corn will produce million bushels per week.
Answers: 1
question
Business, 22.06.2019 22:40
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 2
You know the right answer?
Journalize the entries to record the following:
issuance of the bonds.

first semi...
Questions
question
Mathematics, 18.06.2021 20:50
Questions on the website: 13722362