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Homework: 5-1 MyAccountingLab Homework: Chapters 11 and 12 Score: 0 of 32 pts P12B-37A (similar to) 2 of 2 (1 complete) Sleep Well nc. is
Homework: 5-1 MyAccountingLab Homework: Chapters 11 and 12 Score: 0 of 32 pts P12B-37A (similar to) 2 of 2 (1 complete) Sleep Well nc. is author zed to issue 11%, 10-year bonds payable. On January 1 2018, when the market interest rate is 165, the company issues S60 000 of the bonds. The bonds pay interest sem annual Click the on to view the Present Value of SI table Cick the icon to view the Present Value of Annuity of SI table) (Click the icon to view the Future Value of $1 tablClick the icon to view the Future Value of Annuity of $1 table.) Read the reouirements Requirement 1. How much cash did the company receive upon issuance of the bonds payable? (Round all numbers to the nearest whole dollar.) Upon issuance of the bonds payable, the company received Requirements 1. How much cash did the company receive upon issuance of the bonds payable? (Round all numbers to the nearest whole dollar.) method, through the first two interest payments. (Round all numbers to the nearest whole dolar.) Jounalize the issuance of the bonds on January 1, 2018, and payment of the first semiannual interest amount and amortization of the bond on June 30, 2018. Explanations are not required. 3. Print Done
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