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Answer all questions and provide all the solutions. Please make solutions very easy to find and visible! On September 1, ADC Comuerry borrowed $61,000 ori

image text in transcribedAnswer image text in transcribedimage text in transcribed all questions and provide all the solutions. Please make solutions very easy to find and visible!

On September 1, ADC Comuerry borrowed $61,000 ori 6%, 9 morth ngte peyeble to XYZ Nebonel Denx. Gven no previous acjusting entres have been recordded. ABCs edjusting enty four montns later et O dehit to interest expense ot $915. it to interest cxpens of $2.745. O debit to interest expense of $3,660. O debit to interest expense o $1.220. debi Bonds with rated inarest rate of 8% and a tacs velua totelig $225.000 were issued 1or S231.750 on Jenuery 1, 2016, when the merket Interest rate wss 7%. The company uses ettecwHrarest bond Required: Determine the carry ng van afthbnnds at December a 1, 2017, (Round your answer to nearest whole dollar.) value On .lan rv 1. 201, a company Kuns 3-year bonds wiMAfRon value of S 170,000 and sated innrnst ena ot 7%, Because the merket interest rate is 5%, the company neotves $179,25Btor the bonds. ueestfTeslive-inleresi bond umurticulion.(Round your answers to the nearest whole dollar.) PeriadCash Interest Amortized Bonds P Premium on Carrying Pald Expanse Premlum Payable Bonds Payable Value 1012015 1231/201 123112017 12312018

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