On December 31, 2018. Laraboo Corporation issues 0% 10-year convertible bonds payable with a face value of $1,000,000. The semiarua W Laraboo amortires bond discounts using the effective- rest method rest dates are June 30 and December 31. The man interest rate is 3% Requirement 1. Use the PV function in Ewerto calculate the issue price of the bonds. Round your answer to the nearest whole Requirements The issue price of the bonds is Requirement 2. Prepare an effective rest periods. (Round your 1. 2. rest method amortization table for the first four semiannual Larabeo Corporation Amortization Table Discount Discount Account Interest Expense Amortization Balance 3. Use the PV function in to calculate the price of the bonds Prepare an effective d u ration for the truttur manual interest periods Journalue the following transactions a. Issuance of the bonds on December 31, 2018 Credit Convertible Bonds Payable Payment of rest and motivation of the bond discount on June 30, Bond Carrying Interest Payment Semiannual Interest Date 12-31-2018 6-30-2019 12-31-2010 6-30-2020 c. Payment of interest and motion of the band discount on December 31, 2019 d. Conversion by the bondholders on July 1, 2020, of bonds with a total tace value of $400,000 into 120,000 shares of Laraboo's $1.par common stoc Show how Laroe would report the remaining bonds payable on its balance wheet December 31, 2020 12-31-2020 Requirement. Joumalize the following transactions. Record debil frattered Exclude explorations from alum a. Record the issuance of the bonds on December 31, 2018 Credit Convertible Bonds Payable Round your answers to the neare Print Done] Choose from any list or enter any number in the input fields and then continue to the next question s On December 31, 2018. Laraboo Corporation issues 10 year convertible bonds payable with a face value of $1,000,000. The semiannual interest dates are June 30 and December 31. The martire Laraboo amortires bond discounts using the effective interest method. Read the requirements Requirements. Use the P function in E s c h e price of bonds Round your answer to the whole dar) The issue price of the bonds is Requirement 2. Prepare an effective interest method amortization table for the first four sma r t periods Pound your answers to Larabeo Corporation Amortion Table Discount Interest Expense Amortization Interest Payment Discount Account Balance Bond Carrying Amount Semana Interest Date 12-31-2018 6-30-2019 12-31-2019 6-30-2020 12-31-2020 Requirements. Jouma hewing action record o f the credits de la form a a. Record the l ance of the bonds on December 31, 2018 Credit Converte Bonds Payotte Mound your answer to the whole or Choose from any list or enter any number in the input fields and then continue to the next Gestion
