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Calculate Selling Price of a Bond-Discount or Premium Amount Maturity Interest Paid Stated Rate Market Rate $100,000 5 years semi annual 6% 6% B $100,000
Calculate Selling Price of a Bond-Discount or Premium Amount Maturity Interest Paid Stated Rate Market Rate $100,000 5 years semi annual 6% 6% B $100,000 5 years semi annual 4% 6% C $100,000 5 years semi annual 6% 4% REQUIRED - Indicate the amounts of the following journal entries on the Date of Issuance (January 1, 2020) for all 3 cases (A, B &C)- you will need to use the present value tables that were included in the chapter 10 material Debit Credit Cash #5 Bonds Payable #6 B #7 Cash Discount #8 Bonds Payable #9 C Cash #10 Premium Bonds Payable #11 #12
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