The following partial amortization schedule is available for Crane Company who sold $1200000, 5-year, 10% bonds on January 1, 2020 for $1248000 and uses annual straight-line amortization. BOND AMORTIZATION SCHEDULE Interest Periods Interest to be paid Interest expense Premium Amortization Unamortized Premium Bond Carrying Value January 1, 2020       $48000 $1248000 January 1, 2021 (i) (ii) (iii) (iv) (v) Which of the following amounts should be shown in cell (v)? $1238400 $1243200 $1252800 $1257600

Question-based on, "find the amount".   I have tried it but confused.

A company issues $17000000, 9.8%, 20-year bonds to yield 10% on January 1, 2024. Interest is paid on June 30 and December 31. The proceeds from the bonds are $16708295.53. If the effective-interest method of amortization is used, what amount of interest expense will be recognized in 2024? $833000 $1670756 $1670951 $1666000

On August 1, 2021, Crane Company acquired 1310, $1000, 9% bonds at 97 plus accrued interest. The bonds were dated May 1, 2018, and mature on April 30, 2027, with interest paid each October 31 and April 30. The bonds will be added to Crane’s available-for-sale portfolio. The preferred entry to record the purchase of the bonds on August 1, 2021 isa. Debt Investments 1310000   Interest Revenue 29475         Discount on Debt Investments 39300       Cash   1300175 b. Debt Investments 1300175         Cash   1300175 c. Debt Investments 1270700   Interest Receivable 29475         Cash   1300175 d. Debt Investments 1270700   Interest Revenue 29475         Cash   1300175

On January 1, 2020 ABC Company issues a $220,000, 6% 4-year bond that pays semiannual interest of $5,500 and receives an initial sale amount of $200,000 Journalize the first payment and the amortization of the related bon discount using the straight-line method

I humble request answer fast please

On June 30, 2021, Waterway Industries had outstanding 8%, $8020000 face amount, 15-year bonds maturing on June 30, 2031. Interest is payable on June 30 and December 31. The unamortized balance in the bond discount account on June 30, 2021 was $361000. On June 30, 2021, Waterway acquired all of these bonds at 94 and retired them. What net carrying amount should be used in computing gain or loss on this early extinguishment of debt?     $7538800. $7659000. $7939000. $7739200.

Subject: acounting

A8

Current Attempt in Progress A company issues $15800000, 5.8 %, 20-year bonds to yield 6% on January 1, 2019. Interest is paid on June 30 and December 31. The proceeds from the bonds are $15434787. Using straight-line amortization, what is the carrying value of the bonds on December 31, 2021? O $15489569 O $15697393 O $15467301 O $15494599