he following information foP the NeXT II anuary 1, 20x1, the BTr issues a 5-year, 6%, P2,000 1,900,000. Transaction costs on the issuance (bond i unt to P59,708. Interest payments are due every De the principal is due only at maturity date. Th- est rate adjusted for both the bond discount and is 8%. Iow much is the carrying amount of the bonds ecognition? 2,000,000 c. 1,959,709 d. 1,840,292 1,900,000 Cow much is the interest expense for 20x1? 160,000 156 777
he following information foP the NeXT II anuary 1, 20x1, the BTr issues a 5-year, 6%, P2,000 1,900,000. Transaction costs on the issuance (bond i unt to P59,708. Interest payments are due every De the principal is due only at maturity date. Th- est rate adjusted for both the bond discount and is 8%. Iow much is the carrying amount of the bonds ecognition? 2,000,000 c. 1,959,709 d. 1,840,292 1,900,000 Cow much is the interest expense for 20x1? 160,000 156 777
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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pls. show me the solutions for 3,4,5,6 thankiesss
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