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Assignment Fat 2022 - Computing Mode-Senty Insert Draw Design Layout References Mailings Review Times New I 2 AK A Ap A- View Tell me
Assignment Fat 2022 - Computing Mode-Senty Insert Draw Design Layout References Mailings Review Times New I 2 AK A Ap A- View Tell me A AaBbCcC Amco unco cofe Assignment 1. Fall 2022 I. On January 1, 2022, Broncos Universal issued 12% bonds dated January 1, 2022, with a face amount of $200 million. The bonds mature in 10 years. For bonds of similar risk and maturity, the market yield is 10%. Interest is paid semiannually on June 30 and December 31. Required: I 1. Determine the price of the bonds at January 1, 2022. 2. Prepare the journal entry to record the bond issuance on January 1, 2022. 3. Prepare the journal entry to record interest on June 30, 2022, using the effective interest method. 4. Prepare the journal entry to record interest on December 31, 2022, using the effective interest method. nuiccued 10% honds with a face amount of $20 million. The bonds isemalle on
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