On December 31, 2016. Rugihoo Corporation um 6% 10-year convertible bonts payable with a face uwe of $5,000,000, The semiannual interest me aro June 30 and December 31. The market restaugaboo amortres bond discounts using the efective terest method Read the Requirement. Use the P function in Excel calolate the mu price of the bond Round your answer to the nearest whole dolet) The store price of the bonds is Requirement 2. Prepare an elective interest method amortiration table for the first four sean interest periods. (Round your was to the whole dolet) Rugaboo Corporation Amortization Table Requirements Semiannus Discount Discount Account Bond Carrying nors Dale Pay Interest Expert Amortization Bone Amount 1. 12-31-2018 Use the PV fonction in Esto studiate the price of the bonds 2 Prepare an effectivenem merthod mortalion table for the first four 6-30-2019 manual trods 12-01-2018 1 Jornare the following transactions 6-30 2000 sance of the bonds on December 31, 2018 Credit Convertible fonds Payable 12-01-2020 Payment of test and mortation of the bordiscount on June 30 2019 Requirementum the wing wordt the credits Exclude nations from e. Payment and arration of the band count on Record the stance of the bonds on December 31, 2018. Credit Cover Bonde Payable Round your own the whole do December 31, 2016 4 Conversion by the bondhoes on July 2000 or bonds with a total Journal Entry face vibe of 2.000.000 i 70.000 ure of Augnho's par cock Date Arque Debit Crede 4 show how lugaboo would the remaining benderable on 1 2018 best December 31, 2030 Dec 11 Print Done 1 Chomikowany in the put the core b. Record the payment of interest and amortization of the bonds on June 30, 2019. (Round your answers to the nearest whole dollar.) Journal Entry Debit Credit Dato Accounts 2019 Jun 30 c. Record the payment of interest and amortization of the bonds on December 31, 2019. (Round your answers to the nearest whole dollar.) Journal Entry Dato Accounts Debit Credit 2019 Dec 31 d. Record the conversion by the bondholders on July 1, 2020, of bonds with a total face value of $2,000,000 into 70,000 shares of Rugaboo's $1.par common Journal Entry Date Accounts Debit Credit 2020 Jul 1 -S Requirement 4 show Journal Entry Accounts Accounts Payable Cash hec Common Stock Convertible Bonds Payable Discount on Bonds Payable Interest Expense Interest Payable Paid-in Capital in Excess of Par - Common Premium on Bonds Payable BIE ent 4. Show how Rugaboo would report the remaining bonds p Rugaboo Corporation Requirement 4. Show how Rugaboo would report the remaining bonds payable on its balance sheet remaining. Round your answers to the nearest whole dollar.) Rugaboo Corporation Partial Balance Sheet December 31, 2020 Less: RE Accounts payable rei Convertible bonds payable Current liabilities: Discount on bonds payable Premium on bonds payable Less: Choose from any list or enter any number
