ice 12... i need 2a,3a,4a,5a,6a,7a solved
PE 12-2A On January 1, the first day of the fiscal year, a company issues a $500,000, 5%, 10-year bond that pays semiannual interest of $12,500 ($500,000 x 5% X year), receiving caslh of $500,000. Journalize the entries to record (a) the issuance of the bonds, (b) the first interest payment on June 30, and () the payment of the principal on the maturity date. Issuing bonds at face amount EE 12-2 OBI.3 PE 12-28 On January 1, the first day of the fiscal year, a company issues a $800,000, 4%, 10-year bond that pays semiannual interest of $16,000 ($800,000 x 4% X i year), receiving cash of $800,000. Journalize the entries to record (a) the issuance of the bonds, (b) the first interest payment on June 30, and () the payment of the principal on the maturity date Issuing bonds at face amount EE 12-2 12-3 SSO PE 12-3A On the first day of the fiscal year, a company issues a $1,200,000, 9%, five-year bond that pays semiannual interest of $54,000 ($1,200,000 9% ), receiving cash of $1,153,670. Journalize the bond issuance. issuing bonds at a discount OBJ.3 PE 12-38 On the first day of the fiscal year, a company issues a $3,000,000, 11%, five-year bond that pays semiannual interest of $165,000 ($3,000,000 x 11% x ), receiving cash of 2,889,599. Journalize the bond issuance. issuing bonds at a discount OBJ. 3 EE 12-3 550 ME HOW EE 124 551 PE 12-4A Discount amortization OBJ.3 Using the bond from Practice Exercise 12-3A, journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar EE 12-4 SS PE 12-48 Discount amortization OBJ. 3 Using the bond from Practice Exercise 12-3B, journalize the first interest payment and the amortization of the related bond discount. Round to the nearest dollar. EE 12-5 pS52 PE 12-5A On the first day of the fiscal year, a company issues a $2,000,000, 8%, five-year bond that pays semiannual interest of $80,000 ($2,000.00 8% x ), receiving cash of $2,170,604. Journalize the bond issuance. Issuing bonds at a premium OBJ. 3 PE 12-6A Premium amortization EE 12-6 p553 OBJ. 3 Using the bond from Practice Exercise 12-5A, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar EE 12-6 pS53 PE 12-6B Premium amortization OBJ. 3 Using the bond from Practice Exercise 12-5B, journalize the first interest payment and the amortization of the related bond premium. Round to the nearest dollar PE 12-7A A $1,500,000 bond issue on which there is an unamortized discount of $70,100 is re- deemed for $1,455,000. Journalize the redemption of the bonds. Redemption of bonds payable EE 12-7 p. 554 OBJ.3
