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All right answers!! Be careful, make sure answer are ALL and ABSOLUTE CORRECT!! 1 through3!! L What is the journal entry to record the issuance
All right answers!! Be careful, make sure answer are ALL and ABSOLUTE CORRECT!!
1 through3!!
L What is the journal entry to record the issuance of $100,000 face amount of 10book for $10. A Dr. Cash 105,000 G. Discount on Bonds Payable 5000 Gr. Elonths Payabie 100,000 B. Dr. Bonds Payable 100,000 Dr. Premium on Bonds Payable 5000 Cr. Cash 105,000 C Dr. Cash 105,000 Cr. Bonds Payable 105,000 D. Dr. Ronds Payable 105,000 Cr. Cash 105,000 E. None of the above 2. In how many of the following five comparisons between the market rate and the stated rate are the bonds issued at a discount? Market Stated Rate Rate A. 5 B.4 0.3 0.2 E. None of the above 5200, how much 3. If the bond interest coupon payment is $10,000 and the amortization of bond premium is the band interest expense? A. 10200 B. 10000 C 9800 D. 200 E. None of the above Wut the ornal entry to record the issuance of $100,000 face amount of 10% bonds for $100.000 cash A Dr. Cash 100,000 Or. Bonds Payable 100,000 nhnienhin 1mm . Cash 100.000 Paragraph Styles 3. If the bond interest coupon payment is $10,000 and the amortization of bond premium is $200, how much is the bond interest expense? A. 10200 B. 10000 C 9800 D. 200 E. None of the above 1. What is the journal entry to record the issuance of $100,000 face amount of 10% bonds for $105,000 cash? A. Dr. Cash 105,000 Cr. Discount on Bonds Payable 5000 Cr. Bonds Payable 100,000 B. Dr. Bonds Payable 100,000 Dr. Premium on Bonds Payable 5000 Cr. Cash 105,000 C. Dr. Cash 105,000 Cr. Bonds Payable 105,000 D. Dr. Bonds Payable 105,000 Cr. Cash 105,000 E. None of the above 2. In how many of the following five comparisons between the market rate and the stated rate are the bonds issued at a discount? Market Stated Rate Rate 1. 10% 10% 2. 8 3. 6 4. 7 5. 1 A5 B.4 6.3 D.2 E. None of the aboveStep by Step Solution
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