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A COMPANY ISSUE A BOND WITH THE FOLLOWING DETAILS 50.000 FACE A BOND WITH FACE AMOUNT CONTRACT RATE 9% SYEAR BOND SEMI ANNUAL PMTS TERMS
A COMPANY ISSUE A BOND WITH THE FOLLOWING DETAILS 50.000 FACE A BOND WITH FACE AMOUNT CONTRACT RATE 9% SYEAR BOND SEMI ANNUAL PMTS TERMS OF BONDS 11% MARKET RATE INDEX NO.(PV OF FACE AMOUNT OF BOND) INDEX NO.(PV OF ANNUITY) O_58543 7.53763 CACULATE: TOTAL NUMBER OF INTEREST PMTS ! INTEREST PMT/YEAR SEMI ANNUAL PMT C D SELLING PRICE OF BOND E IS THE ISSUENCE AT DISCOUT OR PREMIUM JOURNALIZE THE FOLLOWING ENTERIES F ISSUENCE OF THE BOND PAYMENT OF FIRST INTEREST EXPENSE (WITHOUT AMORTIZATION) H AMORTIZATION OF DISCOUNT PREMIUM RETIREMENT OF BOND AT THE TIME OF MATURITY SUPPOSE THE COMPANY DOES NOT RETIRE THE BOND AT MATURITY AND INSTEAD IT REDEEMS THE BOND WITH THE FOLLWING DETAILS UMAMORTIZED PREMIUM/DISCOUNT 6000 15,000 THE COMPANY REDEEMED 1/4 TH OF THE BONDS WITH CALLING PRICE JOURNALIZE THE ENTRY FOR REDEMPTION OF BOND A COMPANY ISSUE A BOND WITH THE FOLLOWING DETAILS 50.000 FACE A BOND WITH FACE AMOUNT CONTRACT RATE 9% SYEAR BOND SEMI ANNUAL PMTS TERMS OF BONDS 11% MARKET RATE INDEX NO.(PV OF FACE AMOUNT OF BOND) INDEX NO.(PV OF ANNUITY) O_58543 7.53763 CACULATE: TOTAL NUMBER OF INTEREST PMTS ! INTEREST PMT/YEAR SEMI ANNUAL PMT C D SELLING PRICE OF BOND E IS THE ISSUENCE AT DISCOUT OR PREMIUM JOURNALIZE THE FOLLOWING ENTERIES F ISSUENCE OF THE BOND PAYMENT OF FIRST INTEREST EXPENSE (WITHOUT AMORTIZATION) H AMORTIZATION OF DISCOUNT PREMIUM RETIREMENT OF BOND AT THE TIME OF MATURITY SUPPOSE THE COMPANY DOES NOT RETIRE THE BOND AT MATURITY AND INSTEAD IT REDEEMS THE BOND WITH THE FOLLWING DETAILS UMAMORTIZED PREMIUM/DISCOUNT 6000 15,000 THE COMPANY REDEEMED 1/4 TH OF THE BONDS WITH CALLING PRICE JOURNALIZE THE ENTRY FOR REDEMPTION OF BOND
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