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Chapter 10 Assignment 1 10 points aflock Thi Coffunt. Property CARFAX H Help Save & Exit Submit Check my work Net Work Corporation, whose
Chapter 10 Assignment 1 10 points aflock Thi Coffunt. Property CARFAX H Help Save & Exit Submit Check my work Net Work Corporation, whose annual accounting period ends on December 31, issued the following bonds Date of bonds: January 1, 2021 Maturity amount and date: $200,000 due in 10 years (December 31, 2030) Interest: 10 percent per year payable each December 31 Date issued: January 1, 20211 Required: For each of the three independent cases that follow, provide the amounts to be reported on the January 1, 2021, Sinancial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign) January 1, 2021-Financial Statements Bonds payable b. Unamortized premium (discount) Carrying value Case A (100) C (A9) Case C (102) 200,000 $ 200,000 $ 200,000 200,000
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