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Blackboard Xa G WEBCAM RECORDING Remaining Time: 2 hours, 08 minutes, 26 seconds. Question Completion Status: A Moving to another question will save this response.
Blackboard Xa G WEBCAM RECORDING Remaining Time: 2 hours, 08 minutes, 26 seconds. Question Completion Status: A Moving to another question will save this response. Question 10 of 29 Question 10 14 points See 1.414 points)on January 1, 2018 Muller Company issued $600.000 of 10-year bonds for cash proceeds with a stated rate of 14% per arrom. The market rate is 12% per amtum. Interest is paid semi-acually on June 30 and December 31. Muller uses the effective interest method to morzo discount premium py factor for 89 795 1270 149 a single sum 10 periods 00568839 0.50835 03. 2001 20 porios 0.31180 0.25842 0.10387 0.07278 an ordinary annuity 10 pris 33009 76358 2012 20 periods 11.46992 10 50401 7.66944 6.62913 (a) Complete the below bond amortization table for June 30 and Documber 31, 2018 using the following format. Round all your answers to the nearest doar Cash Payment of interest Interest Expense Date Discount or Premium Balance Discount or Premium Amortization Bonds Payable Carrying Value) Blackboard + X o o X WEBCAM RECORDING Remaining Time: 2 hours, 08 minutes, 22 seconds. Question Completion Status: Question 10 14 points verwe 1. (14 points)On January 1, 2018, Muller Company issued 5000,000 of 10-year bonds for cash proceeds with a stated rate of 14% per annum The market is 12 per arm Wrest is paid semi-annually on me 30 and December 31, Morses the effective interest method to amortize decourtierium PV factor for: 6% 1270 a single sum 10 period 0163839 0335 0.32197 020914 20 periods 0.31180 0.25842 0.10387 0.07275 an ordinary annuity To periods 7236003 702380 316 52612 20 periods 1140002 10.59-001 7.46914 8.62313 (a) Complete the below bond amortization table for June 30 and December 31, 2018 using the following format. Round all your answers to the west do Discount or Premium Date Cash Payment of interest Interest Expense Discount or Premium Amortization Bonds Payable Carrying Value) Balance (b) What is the journal entry made by Muller on the date the bonds are issued? Blackboard X & 0 X WEBCAM RECORDING Remaining Time: 2 hours, 08 minutes, 18 seconds. Question Completion Status: Date Cash Payment of interest interest Expense Discount or Premium Amortization Discount or Premium Bonds Payable (Carrying Value) Balance b) What is the journal entry made by Muller on the date the bonds are issued (c) What is the journal entry made by Muleron June 30, 2008? (d) ignore the information above. Assume that Mor has outstanding bonds (other than the bonds issued on January 1, 2008) For the bonds the following balances wisted of September 30, 2011 Bonds Payable: $1,250,000 Unamortized Discount on Bonds Payable 113,000 Unamored Boed issue Costs 48.000 Miller rotros credeamns) the bonds on October 1, 2011, 103. What the Journal only made by Muller to record the band rede
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