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Bary's Hamburgers issued 9%, 10-year bonds payable at 70 on December 31, 2024. At December 31, 2026, Barry reported the bonds payable as follows: (Click
Bary's Hamburgers issued 9%, 10-year bonds payable at 70 on December 31, 2024. At December 31, 2026, Barry reported the bonds payable as follows: (Click the icon to view the bonds payable.) Part 1 of 5 Points: 0 of 1 Barry's pays semiannual interest each June 30 and December 31. (Assume I the straight-line amortization method.) Read the requirements Requirement 1. Answer the following questions about Barry's bonds payable: a. What is the maturity value of the bonds? Data table Long-term Liabilities: Bonds Payable Less: Discount on Bonds Payable $ 200,000 (48.000) Print Done 152,000 - X Bany's Hamburgers issued 0%, 10-year bonds payable at 70 on December 31, 2004 reported the bends payable as follows: (Click the icon to view the bonds payable.) Requirement 1. Answer the following questions about Barry's bonds payable What i Requirements 1. Answer the following questions about Bary's bonds payable What is the maturity value of the bonds? b. What is the carrying amount of the bonds at December 31, 2028 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, 2020, semiannual interest payment and amortization of discount Help me solve this Etext pages Get more help- Data table Long L Print Done 200,000 Less Doon Bonds Pay 152000 Print Done x Save ume bonds payable are amortized using Clear all Check
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