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Analyzing and Reporting Financial Statement Effects of Band Transactions On January 1, 2016 Trumman Corp hd 300,000 of 20-year, 10 bonds for $424768 iding

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Analyzing and Reporting Financial Statement Effects of Band Transactions On January 1, 2016 Trumman Corp hd 300,000 of 20-year, 10 bonds for $424768 iding a market tyd rate of 12% 9 Required Confem the bond is price Prepare anal entries to record the bond sunce semiamual interest payment and done amortion on 20, 2016 and same Pat the pomal entries from part b to their respective Taccounts Trueman elected to report these bonds in is fantal stateme Preble summaring the effect of these bonds wangs for 2016 ment and ducount on December 21 2016 ie the effecte redhod On December 31, 2014, these bonds were sted the bid market at a prof 107 e 10 of par valet What ry requent at the ported value of these Conferm Bond Price jounal anes Fac Far e Dytaning Table Note: d your answers to the nearest dola Venous Seve Anwes Next O

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