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Barys Hamburgere ud % 10year bonde payable at 85 on December 31, 2024. December 31, 2026, Barry reported the bonds payable as follow (click the

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Barys Hamburgere ud % 10year bonde payable at 85 on December 31, 2024. December 31, 2026, Barry reported the bonds payable as follow (click the loon to view the bonds payable Barry's pays semiannual interest each June 30 and December 31. Assum the straight-linearnoration method Read the requirements Requirement 1. Answer the following questions about Barry's bonda payable: # What is the maturity value of the bands? What is the carrying amount of the bonds at December 31, 20267 What is the semiannual cash interest payment on the bonds? d How much interest one should be company record och year? Requirement 2. Record the June 30, 2026. semiannual interest payment and amortization of discount record debit first, then tredia Select the explanation on the last time to joaql entry table Accounts and Explanation Credit 2020 Date Det 30 Barry's pays semiannual interest each June 30 and December 31. (Assume bonds payable are amortized using the straight-line amortization method.) Read the requirements then credits. Select the explanation on the last line of the journal entry tabls.) laquement 1. Awwwww Bany's bands ay Whistluse Bonda Where are on December What the chest and on the bonds #much one would the many word och year? Requirement Record in 20, 2026. and motion of content of the plan on the Date Account and Explanation Daba C 2030 - able Data table - X Long-term Liabilities: Bonds Payable Less: Discount on Bonds Payable $ 200,000 (24,000) $ 176,000 at an Print Done st line of the journal entry table.) - X Requirements 1. Answer the following questions about Barry's bonds payable: a. What is the maturity value of the bonds? b. What is the carrying amount of the bonds at December 31, 2026? c. What is the semiannual cash interest payment on the bonds? d. How much interest expense should the company record each year? 2. Record the June 30, 2026, semiannual interest payment and amortization of discount. journal entry table.) Print Done b. What is the carrying amount of the bonds at December 31, 2026? c. What is Issued bonds at a discount. d. How mi Requireme: Issued bonds at a premium. ortization of discount. (Record debits first, then credits. Sele Date Issued bonds at face value. Credit 2026 Paid semiannual interest and amortized discount. Jun 30 Paid semiannual interest and amortized premium. Retired bonds payable at maturity

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