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1/1/20 Company Z issues bonds with a par value of 1,000,000, they mature in 10 years, and pay 5% interest semiannually on 6/30 and 12/31.

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1/1/20 Company Z issues bonds with a par value of 1,000,000, they mature in 10 years, and pay 5% interest semiannually on 6/30 and 12/31. The bonds are sold at a discount of 95% due to a contract rate that is less than the market rate. Amortization is straight line. The journal entry for the issuance of the bonds on 1/1/20 would have a debit to cash in the amount of: [Select) 4 The journal entry for the issuance of the bonds on 1/1/20 would have a: Select] The cash paid at each interest payment would be: [Select] The number of periods in the bonds payable is; [ Select] When the interest payments are made, the discount on bonds payable are amortized by: [ Select) 4 If instead of issuing the bonds at 95%, they are issued at 105%, then [ Select] YA LAGI Question 17 5 pts 1/1/20 Company 5Z issues bonds with a par value of 1,000,000, they mature in 10 years, and pay 6% interest semiannually on 6/30 and 12/31 The bonds sold at a premium at 105% due to a contract rate that is more than the market rate. Amortization is straight line. The journal entry for the issuance of the bonds on 1/1/20 would have a debit to cash in the amount of: Select) The journal entry for the issuance of the bonds on 1/1/20 would have a: [Select] The cash paid at each interest payment would be: [Select] The number of periods in the bonds payable is: [Select) When the interest payments are made, the Premium on bonds payable is amortized by: [Select ]

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