2019 RENTALS S $490,000 bond issue on which there is an unamortized discount of $33,000 is redeemed for $474,000. Journalize the redemption of the bonds. an amount box does not require an entry, leave it blank. Debit Credit Account
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- A $515,000 bond issue on which there is an unamortized discount of $41,000 is redeemed for $473,000. Journalize the redemption of the bonds.If an amount box does not require an entry, leave it blank.A $540,000 bond issue on which there is an unamortized discount of $35,000 is redeemed for $465,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. Bonds Payable Discount on Bonds Payable Gain on Redemption of Bonds CashA $515,000 bond issue on which there is an unamortized discount of $36,000 is redeemed for $463,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.
- Redemption of Bonds Payable A $1,900,000 bond issue on which there is an unamortized premium of $101,264 is redeemed for $1,979,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.now.com/ilrn/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=false < 3. If an amount box does not require an entry, leave it blank. E 2. eBook a. Journalize the entries to record the following: 1. Issuance of the bonds. 2. First semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) 3. Second semiannual interest payment. The bond discount is combined with the semiannual interest payment. (Round your answer to the nearest dollar.) 1. Show Me How On the first day of its fiscal year, Chin Company issued $26,800,000 of five-year, 11% bonds to finance its operations of producing and selling home improvement products. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 13%, resulting in Chin receiving cash of $24,873,499. b. Determine the amount of the bond interest expense for the first year. c. Why was the company able to…Show Me How Redemption of Bonds Payable An $800,000 bond issue on which there is an unamortized premium of $57,000 is redeemed for $785,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.
- A $920,000 bond issue on which there is an unamortized premium of $65,000 is redeemed for $821,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank.A Redemption of bonds payable A $1,500,000 bond issue on which there is an unamortized discount of$70,100 is redeemed for $1,455,000. Journalize the redemption of thebonds.A $990,000 bond issue on which there is an unamortized premium of $67,000 is redeemed for $816,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. Bonds Payable Bonds Payable Premium on Bonds Payable Premium on Bonds Payable Gain on Redemption of Bonds Gain on Redemption of Bonds Cash Cash
- Redemption of Bonds Payable A $950,000 bond issue on which there is an unamortized premium of $78,000 is redeemed for $802,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. accounts payable/bonds payable/cash/discounts on bonds payable/interest expense/premium on bonds payable/interest payable/discounts on bonds premium/gain on redemption of bonds/notes payableA $500,000 bond issue on which there is an unamortized discount of $34,000 is redeemed for $473,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. Bonds Payable fill in the blank 2 fill in the blank 3 Discount on Bonds Payable fill in the blank 5 fill in the blank 6 Gain on Redemption of Bonds fill in the blank 8 fill in the blank 9 Cash fill in the blank 11Crane Company issued $1,730,000 of bonds on January 1, 2022. (a) Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 97, and (3) 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Your answer is correct. No. Account Titles and Explanation (1) (2) (3) Cash Bonds Payable Cash Discount on Bonds Payable Bonds Payable Cash Bonds Payable Debit 1,730,000 1,678,100 51,900 1,816,500 Credit 1,730,000 I 1,730,000 1,730,000