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Denzel Corporation is planning to issue bonds with a foce value of $750,000 and a coupon rate of 7.5 percent The bonds mature in 4

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Denzel Corporation is planning to issue bonds with a foce value of $750,000 and a coupon rate of 7.5 percent The bonds mature in 4 years and pay interest semannually every June 30 and December 31 . All of the bonds were sold on January 1 of this year. Denzel usethe effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (EV of \$1. PV of \$1. EVA of \$1, and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. Required: 1. and 2. Prepare the joumal entries to record the issuance of the bonds and interest payment on June 30 of this year 3. What bonds payable amount will Denzel report on its June 30 balance sheet? Complete this question by entering your answers in the tabs below. 1. and 2. Prepare the foumal entries to record the issuance of the bonds and interest payment on June 30 of this year. (If no entry is required for a transaction/event, select "No Joumal entry requlred" in the first account. field. Round your final anfwers to whole dollars.? Denzel Corporation is planning to issue bonds with a face value of $750,000 and a coupon rate of 7.5 percent. The bonds mature in 4 years and pay interest semiannually every June 30 and December 31 . All of the bonds were sold on January 1 of this year. Denzel uses the effective-interest amortization method and also uses a discount account. Assume an annual market rate of interest of 8.5 percent. (EV of \$1. PV of \$1. EVA of \$1, and PVA of \$1) Note: Use appropriate factor(s) from the tables provided. Required: 1. and 2. Prepare the journal entries to record the issuance of the bonds and interest payment on June 30 of this year 3. What bonds payable amount will Denzel report on its June 30 balance sheet? Complete this question by entering your answers in the tabs below. What bonds payable amount will Denzel report on its June 30 balance sheet? (Enter all amounts as positive values. Round your intermediate colculations and final answers to whole dollars.) Future Value of $1 Future Value of 51 Future value or 51 Present Value of $1 Periedis 1.0% uture Valje of Annuly of \$1. Pr

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