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Dobbs Company issues 5%, two-year bonds, on December 31, 2019, with a par value of $95,000 and semiannual interest payment Semiannual Period-End (e) 12/31/2019 (1)
Dobbs Company issues 5%, two-year bonds, on December 31, 2019, with a par value of $95,000 and semiannual interest payment Semiannual Period-End (e) 12/31/2019 (1) 6/30/2020 (2) 12/31/2020 6/30/2021 12/31/2021 Unamortized Discount $5,900 4,425 2,950 1,475 Carrying Value $89, 180 90,575 92, ese 93,525 95, (3) Use the above straight-line bond amortization table and prepare journal entries for the following Roters Required: (a) The issuance of bonds on December 31, 2019 (b) The first through fourth interest payments on each June 30 and December 31. (c) Record the maturity of the bonds on December 31, 2021. Complete this question by entering your answers in the tabs below. uired information [The following information applies to the questions displayed below) Duval Co. Issues four-year bonds with a $112,000 par value on January 1, 2019, at a price of $107.870. The annual contract rate is 9%, and interest is paid semiannually on June 30 and December 31. 1. Prepare a straight-line amortization table for these bonds. (Round your answers to the nearest dollar amount.) U Answer is not complete. mortized Carrying Discount Value 506 Period-End 1/01/2010 4 5 of 9 !!! Next >
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