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6 . What entry will the company make to record the semiannual interest payment on December 3 1 , 2 0 1 9 ? On

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6. What entry will the company make to record the semiannual interest payment on December 31,
2019? On June 30,2020?
7. What amount will be presented on the companys balance sheet as of December 31,2020, for
the bond?
8. Over the life of the bond, (a) what is the total amount of interest expense that will be reported
in the companys income statements? And (b) what is the total amount of cash paid for
interest?
9. Assume that on December 31,2020, the market value of Caterpillars dim sum bond issuance is
999 million. How would that affect the carrying amount on the balance sheet at this date?What entry will the company make to record the semiannual interest payment on December 31,
2019? On June 30,2020?
7. What amount will be presented on the companys balance sheet as of December 31,2020, for
the bond?
8. Over the life of the bond, (a) what is the total amount of interest expense that will be reported
in the companys income statements? And (b) what is the total amount of cash paid for
interest?
9. Assume that on December 31,2020, the market value of Caterpillars dim sum bond issuance is
999 million. How would that affect the carrying amount on the balance sheet at this date?
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