Bob's Hamburgers issued 6%, 10-year bonds payable at 70 on December 31, 2024. Al December 31, 2026, Bob reported the bonds payable as follows: (Click the icon to view the bonds payable.) Requirement 1. Answer the following questions about Bob's bonds payable a. What is the maturity value of the bonds? $ 700,000 b. What is the carrying amount of the bonds at December 31, 20267 $ 532,000 c. What is the semiannual cash interest payment on the bonds? $ 21,000 d. How much interest expense should the company record each year? Requirements Bob's pays semiannual interest each June 30 and December 31. (Assume bond payable are amortized using the straight-line amortization method) Read the requirements Data Table Long-term Liabites Bonds Payable Less: Discount on Bonds Payable - X Print $ 700.000 (168,000) Done $ 532.000

answer in text form please (without image), Note: .Every entry should have narration please

On August 1, 2022, Bramble Corp. issued $482,400, 8%, 10-year bonds at face value. Interest is payable annually on August 1. Bramble’s year-end is December 31.     Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Aug. 1 enter an account title to record the issuance of the bonds on August 1 enter a debit amount enter a credit amount   enter an account title to record the issuance of the bonds on August 1 enter a debit amount enter a credit amount   eTextbook and Media List of Accounts         Prepare the journal entry to record the accrual of interest on December 31, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 enter an…

Sagar

Cullumber Company issued $650,000 of 5-year, 9% bonds at 96 on January 1, 2022. The bonds pay interest annually. (a1) Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation eTextbook and Media List of Accounts Debit Credit

How to calculate the issue price of the bonds with normal calculator?

Subject  :- account

Blossom Company issues $2.10 million, 10-year, 7% bonds at 97, with interest payable each January 1. 1. Prepare the journal entry to record the sale of these bonds on January 1, 2022. 2.Assuming instead that the above bonds sold for 104, prepare the journal entry to record the sale of these bonds on January 1, 2022

On January 1, Year 1, Hanover Corporation issued bonds with a $39,000 face value, a stated rate of interest of 8%, and a 5-year term to maturity. The bonds were issued at 97. Hanover uses the straight-line method to amortize bond discounts and premiums. Interest is payable in cash on December 31 each year. How much interest expense will Hanover report on its income statement on December 31, Year 1? Multiple Choice O O O O $234 $1,170 $3.354 $3,120

Landings Glassware Company issues $1,066,000 of 16%, 10 – year bonds at 94 on February 28, 2025. The bonds pay interest on February 28 and August 31. The journal entry to record the issuance includes a O A. credit to Discount on Bonds Payable for $63,960 O B. credit to Bonds Payable for $1,002,040 O C. debit to Cash for $1,066,000 O D. debit to Cash for $1,002,040