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later tonight Question 7 1 pts On June 30, 20x9, Fox Corp. issued at 103, two thousand of its 8%, $1,000 bonds. The bonds were
later tonight Question 7 1 pts On June 30, 20x9, Fox Corp. issued at 103, two thousand of its 8%, $1,000 bonds. The bonds were issued through an underwriter to whom Fox paid bond issue costs of $75,000. On June 30, 20x9, Fox should report the bond liability at: O $2,000,000 $1,985,000 $2,015,000 O $1,865,000 Question 8 1 pts On November 1, Year 1. Fox Co. issued, at 104, plus accrued interest, 1,500 of its 6%, $1,000 On November 1, Year 1. Fox Co. issued, at 104, plus accrued interest, 1,500 of its 6%, $1.000 bonds, dated August 1, Year 1, which mature on August 1, Year 7. The bonds were issued to yield 8% interest. Interest is payable semiannually on February 1 and August 1. This is the only bond issued by Fox. What will be the balance in Fox's bond interest payable account at December 31, Year 1? O $50,000 $37,500 O $15,000 $22,500
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