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Check my worl PB10-4 Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3) Marshalls Corporation completed a $660,000, 9 percent bond issue on January
Check my worl PB10-4 Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3) Marshalls Corporation completed a $660,000, 9 percent bond issue on January 1, 2018. The bonds pay interest each December 31 and mature 10 years from January 1, 2018. Required: For each of the three independent cases that follow, provide the following amounts to be reported on the January 1, 2018, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.) January 1,2018-Financial statements (Issued at 100) (at 97) a. Bonds Payable b. Unamortized Premium (or discount) c. Carrying Value Case A Case B Case C (at 103) Check my worl PB10-4 Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3) Marshalls Corporation completed a $660,000, 9 percent bond issue on January 1, 2018. The bonds pay interest each December 31 and mature 10 years from January 1, 2018. Required: For each of the three independent cases that follow, provide the following amounts to be reported on the January 1, 2018, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.) January 1,2018-Financial statements (Issued at 100) (at 97) a. Bonds Payable b. Unamortized Premium (or discount) c. Carrying Value Case A Case B Case C (at 103)
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