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Exercise 1 4 - 6 June 3 0 , 2 0 2 4 Cash ( price given ) q , 9 6 7 , 7

Exercise 14-6
June 30,2024
Cash (price given)q,
967,707
Bonds payable (face amount)q,
900,000
Premium on bonds payable (difference)q,
67,707
2. December 31,2024
Interest expense (6%$967,707)q,
Premium on bonds payable (difference)q,
Cash (6.5%$900,000)q,
3. June 30,2025
Interest expense (6%[$967,707-$438])q,
Premium on bonds payable (difference)q,
Cash (6.5%$900,000).q,
58,500
Exercise 14-611th Edition - Amortization Schedule Form
\table[[Date,\table[[Cash Interest],[Payment]],\table[[Effective],[Interest]],\table[[Discount/Premium],[Amortization]],\table[[Outstanding Balance],[(Carrying Amount)]]],[630?24,,,,],[1231?24,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,]]
Exercise 14-6
June 30,2024
Cash (price given)q,
967,707
Bonds payable (face amount)q,
900,000
Premium on bonds payable (difference)q,
67,707
2. December 31,2024
Interest expense (6%$967,707)q,
Premium on bonds payable (difference)q,
Cash (6.5%$900,000)q,
3. June 30,2025
Interest expense (6%[$967,707-$438])q,
Premium on bonds payable (difference)q,
Cash (6.5%$900,000).q,
58,5
Exercise 14-6
June 30,2024q,
967,707
Cash (price given)
900,000
Bonds payable (face amount)
Premium on bonds payable (difference)q,q,
2. December 31,2024
Interest expense (6%$967,707)q,
58,062
Premium on bonds payable (difference)q,q,
3. June 30,2025
Interest expense (6%[$967,707-$438]q,
58,036
Premium on bonds payable (difference).q,
464
Cash (6.5%$900,000)q,
58,500
Exercise 14-611th Edition - Amortization Schedule Form
\table[[Date,\table[[Cash Interest],[Payment]],\table[[Effective],[Interest]],\table[[Discount/Premium],[Amortization]],\table[[Outstanding Balance],[(Carrying Amount)]]],[630?24,,,,967,707],[1231?24,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,]]
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