resent Value of Bonds Payable; Premium Moss Co. issued $510,000 of four-year, 12% bonds, with interest payable semiannually, at a market (effective) interest rate of 10%. Determine the present value of the bonds payable, using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dolla

Present value of bonds payable; premium Moss Co. issued $590,000 of five-year, 11% bonds, with interest payable semiannually, at a market (effective) interest rate of 10%. Determine the present value of the bonds payable using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar.

Present value of bonds payable; premium Moss Co. issued $850,000 of four-year, 13% bonds, with interest payable semiannually, at a market (effective) interest rate of 11%. Determine the present value of the bonds payable using the present value tables in Exhibit 5 and Exhibit 7. Round to the nearest dollar.

Bonds sold at Premium: Use the following information for Problems #4 - #6: Summatra Corporation issued $1,200,000 of five year 8% term bonds on January 1, 2012 with interest payable twice annually (each July 1 and January 1). The market rate of interest for such bonds is 6%. Record the journal entry on Summatra's for issuance of the bonds:

On June 30, Jamison Company issued $2,500,000 of 10-year, 9% bonds, dated June 30, for $2,580,000. Present entries to record the following transactions. Issuance of bonds. (a) Payment of first semiannual interest on December 31 (record separate entry from premium (b) amortization). (C) Amortization by straight-line method of bond premium on December 31.

Requirement 1. Determine the present value of 10​-year bonds payable with face value of $93,000 and stated interest rate of 12​%, paid semiannually. The market rate of interest is 12​% at issuance. ​(Round intermediary calculations and final answer to the nearest whole​ dollar.) 1. Determine the present value of 10​-year bonds payable with face value of $93,000 and stated interest rate of 12​%,paid semiannually. The market rate of interest is 12​%at issuance. 2. Same bonds payable as in Requirement​ 1, but the market interest rate is 16​%. 3. Same bonds payable as in Requirement​ 1, but the market interest rate is 8​%.

Ashvin

Yale Corporation issued $36,000 , 8 % ( cash interest payable semiannually on June 30 and December 31) 10-year bonds dated and sold on January 1. Yale amortizes any bond discount or premium using the effective interest amortization method and bond issuance costs are $900. If the bonds were sold to yield 9%, provide journal entries to be made at each of the following dates. a. January 1, for issuance of bonds. b. June 30, for the first interest payment. • Note: Round your answers to the nearest whole dollar. Date a. Jan. 1 Account Name Cash Discount and Debt Issuance Costs Bonds Payable To record bond issuance. b. June 30 Interest Expense Discount on Bonds Payable Cash To record interest payment. V V V V ✓ V Dr. 32,758 3,242 0 1,474 0 0 Cr. 0✔ 0✓ 36,000 ✓ 0x 30 x 1,440

Present Value of Bonds Payable; Premium Moss Co. issued $100,000 of five-year, 12% bonds with interest payable semiannually, at a market (effective) interest rate of 11%. Determine the present value of the bonds payable, using the present value tables in Exhibit 8 and Exhibit 10. Note: Round to the nearest dollar. A. LA... A... A... Check My Work 3 more Check My Work uses remaining. Next > Previous 11:19 %24

issued $ 480,000 of 4%, 10-year bonds payable at a price of 94. The market interest rate at the date of issuance was 5%, and the bonds pay interest semiannually. The journal entry to record the first semiannual interest payment using the effective interest amortization method is?