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13B. On January 1, 2018, when the market interest rate is 8 %, Coleman Corporation issues S220,000 of 10 % , five-year bonds payable. The
13B. On January 1, 2018, when the market interest rate is 8 %, Coleman Corporation issues S220,000 of 10 % , five-year bonds payable. The bonds pay interest semiannually. Coleman Corporation received S237,820 in cash interest payment dates are June 30 and December 31. tissuance. Assume effective-interest amortization method amortization table for the first two semiannual interest periods. (Round your answers the nearest whole dollar.) Prepare Interest Carrying Cash Paid Expense Amortized Amount 01/01/2018 06/30/2018 12/31/2018 Match the key term to the scenario. i (Click the icon to view the scenarios.) Available-for-sale investments 1. 2. Controlling interest equity investments More Info 3. Trading debt investments 4. Held-to-maturity debt investments Significant interest equity investments 5. a. Jane owns 53% of Richard's Roses's voting stock. b. Joe owns a debt security in Bones, Inc. and intends to hold it until maturity. 6. No significant interest equity investments c. Jeannie owns a debt security in Cricket, Inc. and plans on selling the debt after one year. d. Jimenez owns 5% of Delgado, Inc.'s voting stock but does not have the ability to participate in the decisions of Delgado, Inc. Jacob owns 24% of Pay, Inc.'s voting stock and has the ability to exert influence over Pay, Inc. f. Jim owns a debt security in Tag, Inc.'s and plans on holding the debt for only a week. Print Done
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