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Homework: Chapter 9 Homework Score: 0 of 15 pts 3 of 4 complete HW Score: 53.15%, S9-5 (similar to) Oliver Company borrowed money by issuing

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Homework: Chapter 9 Homework Score: 0 of 15 pts 3 of 4 complete HW Score: 53.15%, S9-5 (similar to) Oliver Company borrowed money by issuing $3.500.000 of 4% bonds payable at 1013 on July 1, 2018. The bonds are five year bonds and pay interest each January 1 and July 1 Read the surements 1. How much cash did Oliver receive when it is the bends payable? Journal this action Over received when the borde payable were issued Requirements 1. How much cash did Oliver receive when it issued the bonds payable? Joumain this transaction 2. How much must Oliver pay back at maturity? When is the maturity date? 3. How much cash interest wil Olver pay each six months? 4. How much interest expense wil Oliver report each six months? Use the straight line amortization method Joumalize the entries for the act of interest and the motion of premium on December 31, 2018, and payment of interest on January 1, 2019 Print Done Enter any number in the edited and then click Check Answer 7 parts remaining Clear All Check Answer MacBook 80 2 3 5

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