f $800,000 of 11% bonds are issued at 102 3/4, th
Q: If $917,000 of 11% bonds are issued at 102 1/2, The amount of cash received from the sale is:
A: Given that bonds are issued at 102 1/2 11% bonds = $ 917000
Q: If $945,000 of 10% bonds are issued at 102 3/4, the amount of cash received from the sale is 4 Oa.…
A: The bonds' face value is $100 per bond. Bonds are issued at a premium of $2.75 at a total issue…
Q: ddie Industries issues $950,000 of 8% bonds at 103. The amount of cash received from the sale is…
A: In the given question, Bonds having face value of $ 950,000 are issued at 103. It implies that…
Q: A $300,000 bond was redeemed at 98 when the carrying amount of the bond was $292,000. The entry to…
A: Option b is the correct option.
Q: If $449,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a.…
A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…
Q: A $276,000 bond was redeemed at 98 when the carrying amount of the bond was $271,860. What amount of…
A: When a bond is redeemed, the difference between carrying value and redemption value.
Q: If $1,000,000 of 8% bonds are issued at 98 1/2, the amount of cash received from the sale is
A: Cash received from the sale of bonds = Face value of bonds x rate at which bonds are issued
Q: Assignment Q. = Ken recieved 30000 of interest from corporate bonds and money market accounts. Ans &…
A: Step1 Form no 1040 is the IRS form for the Individuals of United States, in this form individuals…
Q: If $906,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is Oa.…
A: If a bond is issued at 102 ¾ it means that the bond has been issued at 102.75% of face value. Amount…
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A: Premium on Bonds: When bond market costs higher than its face value then bonds is called at premium.…
Q: A P1000 000.00 issue of 3%, 15-year bonds is sold at 95% The miscellaneous initial expense of the…
A: Par value = P1000,000 Percentage at which sold =95% Initial cost = P20,000 coupon rate =3% Yearly…
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A: Bond :— It is one of the type of securities that pays fixed periodic interest and face value amount…
Q: Question Related data of John-j Company: Face amount P2,550,000…
A: Bond: It is long-term source of finance issued by the firm to raise money. It has a fixed maturity…
Q: If bonds with a face value of $570,000 are issued at 106, the amount of cash proceeds is $535,800…
A: Answer to Question:- $604,200 Workings:- Amount of Face Value of Bond =$570,000 Face value per bond…
Q: On July 1, 20x7, Axe Co. received P103,288 for P100,000 face amount, 12% bonds, a price that yields…
A: The bonds are issued at premium when market rate is lower than the coupon rate of bonds.
Q: If $1,034,000 of 6% bonds are issued at 102 3/4, the amount of cash received from the s Oa.…
A: Cash received from sale of bond. It assumed that the face value of bond is $100. At face value $100…
Q: Q 7 - Khalid Corporation had the following transactions relating to debt investments: Jan. 1…
A: a) Date Particulars Debit Credit Jan 1 Investment in Bonds 50,000 Cash 50,000…
Q: If $449,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a.…
A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…
Q: Q-3: Dawlance Company issues 12%, 10-year bonds with a par value of Rs. 200,000 and annual interest…
A: As per the honor code, we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit…
Q: A $276,000 bond was redeemed at 98 when the carrying amount of the bond was $269,100. The entry to…
A: Solution:- Introduction:- The following data given as follows:- Bond = $276,000 redeemed at = 98…
Q: Sheridan Co. purchased 94,7% Carla Vista Company bonds for $94000 cash. Interest is payable annually…
A: An investor who makes a debt investment lends money to a company or project sponsor, expecting the…
Q: If $699,000 of 7% bonds are issued at 94, the amount of cash received from the sale is
A: Bonds are considered a financial instrument used to raise finance for the organization. It is also…
Q: A $294,000 bond was redeemed at 98 when the carrying amount of the bond was $286,650. The entry to…
A: Proceeds from redemption = $294,000 * 98/100 = $288,120
Q: A $288,000 bond was redeemed at 98 when the carrying amount of the bond was $280,800. The entry to…
A: Lets understand the basics. For calculating gain/loss on redemption of carrying value of bond, we…
Q: If $467,000 of 7% bonds are issued at 98, the amount of cash received from the sale is a.…
A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…
Q: A company paid $33,800 to acquire 11% bonds with a $36,000 maturity value. The company intends to…
A: The cash proceeds from the bond that the company receives at maturity is the face value or maturity…
Q: Ch10 A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds…
A: The bonds are reported as the long-term liabilities in the balance sheet. The bonds are issued to…
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A: BOND Bond is a Financial Securities which is Generally Issued by the Corporation's, Government…
Q: Q1: North Company issued $80 million of 12%, 10-year bonds on January 1. Interest is paya…
A: Journal entry is the practice of recording commercial transactions for the first time in the books…
Q: Company A has issued $2 million (notional principal) in five-year bonds with a floating (variable)…
A: Interest is the amount paid to the lender by the borrower as a fee for the money borrowed. Interest…
Q: A company insued 4%, 15year bonds with a par valut of 5300 000 that pay interest annually Thie…
A: Interest on bonds is payable on face value. And Interest rate is the coupon rate.
Q: If $4,000,000 of 12% bonds are issued at 103 1/4, the amount of cash received from the sale is:
A: Number of bonds=Par value of bondsPer share value=$4,000,000$100=40,000
Q: Five thousand bonds with a face value of $1000 each, are sold at 91. The entry to record the…
A: Bond interest is a monthly payment provided to bondholders by a bond issuer as compensation for…
Q: Eddie Industries issues $903,000 of 8% bonds at 103. The amount of cash received from the sale is…
A: BOND Bond is a Financial Security which is Generally Issued by the Corporations, Government &…
Q: If bonds with a face value of $208,000 are issued at 94, the amount of cash proceeds is A. $207,906…
A: Given, Face Value = $208,000 Issue Price = $94
Q: Eddie Industries issues $834,000 of 8% bonds at 105, The amount of cash received from the sale is a.…
A:
Q: If $310,000 of 7% bonds are issued at 97, the amount of cash received from the sale is a.$331,700…
A: Cash received from the sale of the bonds = Face value of the bonds - Discount on bonds where,…
Q: Bhaghiben
A: The objective of the question is to determine the selling price of a bond that is quoted at 95 and…
Q: Eli Inc. issued $100,000 of 8% annual, 5-year bonds for $103,000. What is the total amount of…
A: Annual interest = Face value of the bonds at the time of issue x Annual interest rate…
Q: How do you solve 15-4 letter B. What steps are taken?
A: a. Following are the journal entries:
Q: If $581,000 of 10% bonds are issued at 95, the amount of cash received from the sale is O a $551.950…
A: Bonds :Bonds is a long-term debt issued by the government and companies to raise funds for their…
Q: 6. MC.11.166 If $1,000,000 of 8% bonds are issued at 98 1/2, the amount of cash received from the…
A: In this numerical has covered the concept of Bond Payable .
Q: If $457,000 of 8% bonds are issued at 94, what is the amount of cash received from the sale? Select…
A: The bonds can be issued at discount or premium depending on market rate of interest.
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- If $949,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is a.$1,024,920 b.$711,750 c.$949,000 d.$975,098If $1,012,000 of 12% bonds are issued at 102 1/2, the amount of cash received from the sale is Oa. $1,037,300 O b. $1,012,000 O c. $759,000 O d. $1,133,440If $800,000 of 11% bonds are issued at 102 3/4, the amount of cash received from the sale is Oa. $800,000 Ob. $888,000 Oc. $822,000 Od. $600,000
- If $1,000,000 of 10% bonds are issued at 98, the amount of cash received from the sale is: O a. $987,500. Ob. $980,000. c. $1,000,000. Od. $975,000.Question Content Area If $310,000 of 7% bonds are issued at 97, the amount of cash received from the sale is a.$331,700 b.$300,700 c.$310,000 d.$288,300Please do not give solution in image format thanku
- 6. MC.11.166 If $1,000,000 of 8% bonds are issued at 98 1/2, the amount of cash received from the sale is a. $985,000 b. $1,000,000 c. $1,080,000 O d. $1,027,500 7. EX.11.173 Cramer Corp. issued $20,000,000 of 5-year, 9% bonds at a market (effective) interest rate of 10%, receiving cash of $19,227,757. Interest on the bonds is payable semiannually. Journalize the entry to record the first semiannual interest payment, and the amortization of the bond discount, using the interest method? If an amount box does not require an entry, leave it blank. If required, round your answers to nearest whole dollar.What is the amount of cash Essie..Provide this question solution general finance
- I need answer of this question solution general financeA$1000,5%bondwithannualcouponswillberedeemedattheendof9years.Findthepricetoyield6%. a. $1,074.35 b. $974.00 c. $1,004.95 d. $931.98O B. $3,500 loss. C. $3,500 gain. D. $1,500 gain. QUESTION 6 Lidl Company issues 896, 10-year.bonds with a par value of BD100,000 that pay interest semiannually. The amount paid to the bondholders for each semiannual interest payment is: O A. BD80,000. OB. BD40,0000. O C. BD4,000. O D. BD8,000. QUESTION 7 The following information is available to prepare a company's statement of cash flows for the year just ended: Loss on sale of equipment Purchase of equipment $7,000 112,500 Click Save and Submit to save and submit. Click Save AlLAnswers to save all answers. Save All Ans
