On January 1, 2020, Hut Co. Itd sold sh.1, 000.000 of its 10% bonds for sh.885. 296 to yield 12%. Interest is payable semiannually on January 1 and July 1. What amount should Huff report as interest expense for the six months ended June 30. 20207 Select one: A. d. sh.60. 000 B. b. sh.50. 000 C.C. sh.53. 118 D. a. sh.44, 266

Aggies Inc. issued bonds with a $450,000 face value, 8% interest rate, and a 4-year term on July 1, 2018, and received $510,000. Interest is payable semi-annually. The premium is amortized using the straight-line method. A. July 1, 2018: entry to record issuing the bonds B. Dec. 31, 2018: entry to record payment of interest to bondholders C. Dec. 31, 2018: entry to record amortization of premium Prepare journal entries for the above transactions. If an amount box does not require an entry, leave it blank. A.   fill in the blank 2 fill in the blank 3     fill in the blank 5 fill in the blank 6     fill in the blank 8 fill in the blank 9 B.   fill in the blank 11 fill in the blank 12     fill in the blank 14 fill in the blank 15 C.

Warren Company issued $850,000 of 6%, 5-year bonds dated on January 1, 2020, for $890,800. Interest is paid semi-annually. What is the total amount of interest expense for the bonds for the year 2020, assuming straight-line amortization? Multiple Choice о O $59,160 $51,000 $50,660 $42.840

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