Question
I have paid for help to this twice and I haven't gotten a response and this problem is due today I sort of feel like
I have paid for help to this twice and I haven't gotten a response and this problem is due today I sort of feel like I was ripped off here. Can I get some help please with this problem. I keep getting responses to go to advance questions but I don't see that on here. here is the problem it's a 4 part problem. wempe co. sold $3,102,000, 9%, 10 year bonds on January 1, 2014. the bonds were dated January 1, 2014, and pay interest on January 1. the company uses straight line amortization on bond premiums and discounts. financial statements are prepared annually. part 1, prepare the journal entries to record the issuance of the bonds assuming they sold at : (1) 101 and (2) 97.part 2, prepare amortization tables for issuance of the bonds sold at 101 for the first three interest payments. this is a 2 part question, here is the second part prepare amortization tables for issuance of the bonds sold at 97 for the first three interest payments. part 3, prepare the journal entries to record interest expense for 2014 under both issuance assuming they sold at : (1) 101 and (2) 97.part 4 has 2 parts also, (1) show the long term liabilities balance sheet presentation for issuance of the bonds sold at 101 at December 31, 2014(2) show the long term liabilities balance sheet presentation for issuance of the bonds sold at December 31, 2014.I took a photo of part 2 so you can see all the account titles.
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