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Brytew NBT Bank Home I Po Graded A Chapter 14 Long-Tem Liabilities Bonds and Notes EE 14-1 6M PE 14-18 Brower Co, is considering the

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Brytew NBT Bank Home I Po Graded A Chapter 14 Long-Tem Liabilities Bonds and Notes EE 14-1 6M PE 14-18 Brower Co, is considering the following ahemative financing plans Alternative financing plans 4,000,000 2.00,000 hsue prefeed $2.50 stock 525 par ssue common stock, 510 par 000,000 2500,000 Income tax is estimated at 40% of income Determine the eamings per share of common stock, assuming income before boend interest and income tax is $2,000,000. EE14-2 p6 PE 14-2A Issuing bonds at face amount OBI On January 1, the first day of the fiscal year, a company issues a 3500,000, 5%, 10-year bond that pays semiannual interest of $12,500 ($500,000 x 5% x year), eceiving cash of $500,000. Jourmalize the entries to record (a) the issuance of the bonds ) the it interest payment on June 30, and (c) the payment of the principal on the maturity date EE 14- 647 Issuing bonds at face arnount PE 14-28 on January 1, the first day ofthe fiscal year, a company issues a S800.000, 4%, 10-year bond that pays semiannual interest of $16,000 ($800,000 4% year), secting cash of $800,000. Journalize the entries to recoed (a) the issuance of the bonds, (b) the first interest payment on June 30, and () the payment of the principal on the maturity date E143 PE 14-3A Issuing bonds at a discount Onthe first day of thc fiscal year, acompany issues a $1,200,000, five-year bond that pays semiannual interest of $54,000 ($1,200,000 9% %), receiving cash of $1,153,670. EE143 as4 PE 14-38 Issuing bonds at a discount on the first day of the fiscal year, a company issues a $5,000,000, 11%, ilveyear bond that pays semiannual interest of 165,000 ($3,000,000 11% x ), fecting ash of 2,889 599. Journalize the bond issuance EE144 6 PE 14-4A Discount amortization Using the bond from Practice Exercise 14-3A, jourmalize the first interest payment and the amortization of the related bond discount Round to the nearest dollar. 1446 PE 14-48 Discount amortization Using the bond from Practice Exercise 14-38, journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. 145p6 PE 14-SA Issuing bonds at a premium On the first day of the fiscal year, a compamy issues a $2,000,000, 8%, five-year bond that pays semiannual interest of S80,000 ($2,000,000 8% wreceiving cash of $2,170,604. 145p PE 14-58 Issuing bonds at a premium OBI Onthe first day of the fiscal year, a company issues an $8,000,000, 11%, five-year bond that pays semiannual interest of $440,000 ($8,000,000 11% x receiving ash of 308A69. Journalize the bond issuance. A669 Financial Accounting. 14e

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