{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-09T15:27:19-04:00", "answer_date": "2024-06-09 15:27:19", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2522153", "url": "\/study-help\/questions\/exercise-1-4-4-static-investor-effective-2522153", "question_creation_date_js": "2024-06-09T15:27:19-04:00", "question_creation_date": "Jun 09, 2024 03:27 PM", "meta_title": "[Solved] Exercise 1 4 - 4 ( Static ) Investor; eff | SolutionInn", "meta_description": "Answer of - Exercise 1 4 - 4 ( Static ) Investor; effective interest [ L 0 1 4 - 2 ] The Bradford Company issued 1 0 % bonds, date | SolutionInn", "meta_keywords": "exercise,1,4,-,static,investor,effective,interest,l,2,bradford,company", "question_title_h1": "Exercise 1 4 - 4 ( Static ) Investor; effective interest [ L 0 1 4 - 2 ] The Bradford Company issued 1 0", "question_title": "Exercise 1 4 - 4 ( Static ) Investor; effective interest [", "question_title_for_js_snippet": "Exercise 1 4 4 ( Static ) Investor effective interest L 0 1 4 2 The Bradford Company issued 1 0 bonds, dated January 1 , with a face amount of $ 8 0 million on January 1 , 2 0 2 1 to Saxton Bose Corporation The bonds mature on December 3 1 , 2 0 3 0 ( 1 0 years ) For bonds of similar risk and maturity, the market yield is 1 2 Interest is paid semiannually on June 3 0 and December 3 1 ( FV of $ 1 , PV of $ 1 , FVA of $ 1 , PVA of $ 1 , FVAD of $ 1 and PVAD of $ 1 ) Required to 3 Prepare the journal entries to record the purchase of the bonds by Saxton Bose on January 1 , 2 0 2 1 , interest revenue on June 3 0 , 2 0 2 1 and interest revenue on December 3 1 , 2 0 2 1 ( at the effective rate ) ( Enter your answers in whole dollars If no entry is required for a transaction event , select No journal entry required in the first account field ) Answer is not complete table No , Date,General Jo , , Debit,Credit , 1 , January 0 1 , 2 0 2 1 , Investment in bonds, 0 , , , , Cash, 0 , , , 2 , June 3 0 , 2 0 2 1 , Cash,, 4 0 0 0 0 0 0 , , , Discount on investment in bonds, ( 0 ) , , , , Interest revenue,,, , 3 , December 3 1 , 2 0 , Cash, 0 , 4 , 0 0 0 , 0 0 0 , , , Discount on investment in bonds, ( 0 ) , , , , Interest revenue,a , , ", "question_description": "