Long-term liabilities

EX-9A On March 1, 2011, Fefferman Inc. issued a $400,000, 8%, three-year semi-annually beginning September 1, 2011 Required Part 1 a. Qulate the td a b. Uran efectiveo efiethod, pirate an c. Recorentry for thuance of the issue pri resssurbe a market int d ate of 7%estiOate of i azat intesct est on Septemg 1, 201msd Mare 2012 Part 2 a. Calculate the bon b. Using the effective interest method, prepare an amortization schedule c. Record the entries for the issuance of the bond on March 1, d issue price assuming a market interest rate of 8.5% on the date of issue -30, 20 and the paymen t of interest on September 1, 2011 and March 1, 2012 EX-9B On February 1, 2011, Giant Corp. issued an $800,000, 5%, two-year bond. Interest is payab quarterly each May 1, August 1, November 1, and February 1 Required Part 1 a. Calculate the bond issue price assuming a m b. Using the effective interest method, prepare a c. Record the entry for the issuance of the bond on February 1, the adjusting entry to accrue arket interest rate of 6% on the date of issue n amortization schedule bond interest and related amortization on March 31, 2011, Giant Corp.'s year-end, and the payment of interest on May 1, 2011