eBook Show Me How Print Item Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $2,200,000, 12%, 9-year bond that pays semiannual interest of $132,000 ($2,200,000 * 12% *), receiving cash of $2,085,243 Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Cash Discount on Bonds Payable Bonds Payable geNOWV21 Online teacx + keAssignment/takeAssignment Main.do?invokerStakeAssignmentSessionLocator-&inprogress-folse Paused Update https://cengagepo eBook Show Me How Print Item Discount Amortization On the first day of the fiscal year, a company issues a $2,100,000, 9%, 7-year bond that pays semiannual interest of $94,500 ($2,100,000 x 9% x V), receiving cash of $1,898,617. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank E Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $2,100,000, 6%, 5-year bond that pays semiannual interest of $63,000 ($2,100,000 x 6% *), receiving cash of 52,288,634, Journalize the bond issuance. If an amount box does not require an entry, leave it blank 10 https://cengagepo. eBook Print Item Show Me How Premium Amortization On the first day of the fiscal year, a company issues a $8,800,000, 11%, 5-year bond that pays semiannual interest of $484,000 ($8,800,000 11% *), receiving cash of $9,496,321 Journalize the first interest payment and the amortization of the related bond premium, Round to the nearest dollar. It an amount box does not require an entry, leave it blank UITD https://cengagepo... eBook Show Me How Print Item Redemption of Bonds Payable A $930,000 bond issue on which there is an unamortized premium of $65,000 is redeemed for $779,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. takeAssignment/takeAssignment Main.do?invokeretakeAssignmentSessionLocator &inprogress=false Paused Update https://cengagepo Book Show Me How Print Item Journalizing installment Notes On the first day of the fiscal year, a company issues $58,000, 10%, six-year installment notes that have annual payments of $13,317. The first note payment consists of $5,800 of interest and $7,517 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. b. Journalize the first annual note payment. For a compound transaction, if an amount box does not require an entry, leave it blank E Previous Next Check My Work 2 more Check My Work uses romaining eBook Show Me How Print Item Times interest earned Berry Company reported the following on the company's income statement in two recent years: Current Year Prior Year Interest expense $212,000 $254,400 Income before income tax expense 2,904,400 3,129,120 a. Determine the number of times interest charges were earned for current Year and prior Year. Round to one decimal place. Current Year Prior Year b. Is the number of times interest charges are earned improving or declining? eBook Show Me How Print Item Issuing Bonds at a Discount On the first day of the fiscal year, a company issues a $2,200,000, 12%, 9-year bond that pays semiannual interest of $132,000 ($2,200,000 * 12% *), receiving cash of $2,085,243 Journalize the bond issuance. If an amount box does not require an entry, leave it blank. Cash Discount on Bonds Payable Bonds Payable geNOWV21 Online teacx + keAssignment/takeAssignment Main.do?invokerStakeAssignmentSessionLocator-&inprogress-folse Paused Update https://cengagepo eBook Show Me How Print Item Discount Amortization On the first day of the fiscal year, a company issues a $2,100,000, 9%, 7-year bond that pays semiannual interest of $94,500 ($2,100,000 x 9% x V), receiving cash of $1,898,617. Journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. If an amount box does not require an entry, leave it blank E Issuing Bonds at a Premium On the first day of the fiscal year, a company issues a $2,100,000, 6%, 5-year bond that pays semiannual interest of $63,000 ($2,100,000 x 6% *), receiving cash of 52,288,634, Journalize the bond issuance. If an amount box does not require an entry, leave it blank 10 https://cengagepo. eBook Print Item Show Me How Premium Amortization On the first day of the fiscal year, a company issues a $8,800,000, 11%, 5-year bond that pays semiannual interest of $484,000 ($8,800,000 11% *), receiving cash of $9,496,321 Journalize the first interest payment and the amortization of the related bond premium, Round to the nearest dollar. It an amount box does not require an entry, leave it blank UITD https://cengagepo... eBook Show Me How Print Item Redemption of Bonds Payable A $930,000 bond issue on which there is an unamortized premium of $65,000 is redeemed for $779,000. Journalize the redemption of the bonds. If an amount box does not require an entry, leave it blank. takeAssignment/takeAssignment Main.do?invokeretakeAssignmentSessionLocator &inprogress=false Paused Update https://cengagepo Book Show Me How Print Item Journalizing installment Notes On the first day of the fiscal year, a company issues $58,000, 10%, six-year installment notes that have annual payments of $13,317. The first note payment consists of $5,800 of interest and $7,517 of principal repayment. a. Journalize the entry to record the issuance of the installment notes. b. Journalize the first annual note payment. For a compound transaction, if an amount box does not require an entry, leave it blank E Previous Next Check My Work 2 more Check My Work uses romaining eBook Show Me How Print Item Times interest earned Berry Company reported the following on the company's income statement in two recent years: Current Year Prior Year Interest expense $212,000 $254,400 Income before income tax expense 2,904,400 3,129,120 a. Determine the number of times interest charges were earned for current Year and prior Year. Round to one decimal place. Current Year Prior Year b. Is the number of times interest charges are earned improving or declining