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A company issues the following bond. Issue date: 1/1/2018, $200,000 of 5%, 5 year bond issued @95. The bond pays semiannual interest payments (6/30 &
A company issues the following bond. Issue date: 1/1/2018, $200,000 of 5%, 5 year bond issued @95. The bond pays semiannual interest payments (6/30 & 12/31). Complete the amortization table. T T TT Paragraph Arial 3(12pt) . E T. %DOQ E T' T, 25 - - fx Mashups - 15 B I HTKESS Words.0 QUESTION 12 A company issues the following bond. Issue date: 1/1/2018, $150,000 of 5%, 5 year bond issued @ 105. The bond pays semiannual interest payments (6/30 & 12/31). Complete the amortization table. Puppy Inc. purchased a 10 year00,000 units) asset that cost them $500,000 with an $10,000 salvage value. The company uses straight line depreciation The asset is sold at the end of year 2 for $400,000. Answer the following questions: 1. Is the sale a gain or loss 2. What is the gain or loss on the sale of the asset 3. If the journal entry is a debit or credit to the rain or Loss on the sale of the asset. 4. The credit amount applied to the asset account. QUESTION 10 100. The bond pars semiannual interest payments A company issues the following bond. Issue date: 1/1/2018, 5150,000 of 10%, 5 year bond issued (6/30 & 12/31). Complete the general journal entries for 2018
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