If $2,000,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a. $2,100,000 b. $1,940,000 c. $2,060,000 d. $2,000,000

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: 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: Assume that H Company purchases $18,000 of U.S. Treasury bonds at their face amount on September 14,…

A: Accrued interest is calculated on the face value of the bonds from the last payment of interest date…

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…

Q: Company WQE Face Value Maturity (Yrs) $ 1,000,000 Bank Loan 15 Bond $ 10 750,000 80,000 Interest…

A: We need to compute market value of debt for the given information.

Q: If the bonds payable account has a balance of $100,000 and the premium on bonds payable account has…

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…

Q: Company XYZ Bank Loan Face Value Maturity (Yrs) 190,000 $ 7 Bond 350,000 10 Interest Expense Cost of…

A: We need to calculate market value of debt for the given information

Q: If $800,000 of 11% bonds are issued at 102 3/4, the amount of cash received from the sale is Oa.…

A: Given, Bonds = $800,000 of 11% Rate = 102 3/4 = 102.75%

Q: Purchased for cash $200,000 of Jakob, Inc. 9% bonds at 100 plus accrued interest of $3,000. DATE…

A: 1. When bonds are purchased, then it may happen that bonds purchase date and interest due date are…

Q: If 70 $1000 bonds with a carrying value of $84000 are redeemed for $79000, the journal entry to…

A: The bonds are issued at the premium when market rate is lower than the coupon rate of bonds payable.…

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: Amount issued Offered $340 million Issued at a price of 100.00% plus accrued interest (proceeds to…

A: Format:-   Price of Bond  + Accrued Interest From 1 June to 15 June  Amount to be paid  %

Q: On January 1, 20x1, SPEED Company purchased 12% bonds, having a face value of P800,000. The bonds…

A: Bond is an investment security which is issued by large organizations to raise the fund. The bond…

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: 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: If $1,093,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is

A: Given that  $1093000 of 8% Bonds issued at 102 3/4

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: Make a journal entry to record the issuance of a bond with a face amount of $1,000,000 sold at 98.

A: Bonds are considered a financial instrument used to raise finance for the organization. It is also…

Q: If $1,140,000 of 12% bonds are issued at 102 3/4, the amount of cash received from the sale is…

A:

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: Accounting Question

A: Process costing: It is a type of costing method, where the direct costs are accumulated and indirect…

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: If $317,000 of 10% bonds are issued at 96, the amount of cash received from the sale is a.$285,300…

A: Bond is an instrument which helps the entity in getting money from public or from some other private…

Q: On December 31, 2024, Country Living Sales has 10-year Bonds Payable of $90,000 and Discount on…

A: The correct answer is: (D) Bonds Payable $90,000 less Discount on Bonds Payable $18,350 for a…

Q: 9. Bonds with a face value of $500,000 and a quoted price of 97% have a selling price of a.…

A: Face value = $500,000 Quoted Price = 971/4 = 97.25

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: PB4. LO 13.2 Irving Inc. sold bonds with a $50,000, 10% interest, and 10-year term at $52,000. What…

A: Bonds: Bonds are long-term promissory notes that are issued by a company while borrowing money from…

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: 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: A $7,000; 9% bond is sold at 93. When the bond is issuede the Cash account will be incerased by :…

A: Bonds :— It is one of the type of securities that pays fixed periodic interest and face value amount…

Q: PB3. 13.2 Starmount Inc. sold bonds with a $50,000 face value, 12% interest, and 10-year term at…

A: Interest expense on bonds The interest expense is the amount paid by the issuers of the bond to the…

Q: If $1,012,000 of 12% bonds are issued at 102 1/2, the amount of cash received from the sale is a.…

A: Interest Rate = 12%Face Value = 100Present Value = 102.5

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: Bonds with a face value of $1,000 were issued for $1,080. Which ONE of the following would be…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: f $800,000 of 11% bonds are issued at 102 3/4, th

A: Answer : Amount of cash received from the sale bond = value of bond * (Issue price of bond / Face…

Q: $1,153,000 of 11% bonds are issued at 102 1/2, the amount of cash received from the sale is

A: Bonds are fixed-interest-bearing financial instruments that are raised when money is needed. If the…

Q: The journal to record a $1000,000 bond issued at 102 will include a) a debit to cash for $1000,000…

A: The bonds are the long-term liabilities for the business. The bonds are issued to raise the money…

Q: If $639,000 of 10% bonds are issued at 95, the amount of cash received from the sale is

A: A bond is an instrument of indebtedness to the holders which can be of municipal bonds and corporate…

Q: 1c. Sold $80,000 of the bonds at 101 plus accrued interest of $250. DATE   Debit Credit X/X

A: Face value of the bonds = $80,000 Selling price of the bonds = Face value of the bonds x 101% =…

Q: If $1,059,000 of 12% bonds are issued at 102 3/4, the amount of cash received from the sale is a.…

A: The amount of the cash received from the sale of the bond is determined by multiplying the face…