{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T03:35:45-04:00", "answer_date": "2024-06-28 03:35:45", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4231102", "url": "\/study-help\/questions\/on-january-1-2021-910000-5year4-bonds-were-issued-for-4231102", "question_creation_date_js": "2024-06-28T03:35:45-04:00", "question_creation_date": "Jun 28, 2024 03:35 AM", "meta_title": "[Solved] On January 1, 2021, $910000, 5-year,4% bo | SolutionInn", "meta_description": "Answer of - On January 1, 2021, $910000, 5-year,4% bonds, were issued for $832350. The interest rate in effect when the bonds were | SolutionInn", "meta_keywords": "january,1,2021,$910000,5-year,4%,bonds,issued,$832350,interest,rate,effect,was5%", "question_title_h1": "On January 1, 2021, $910000, 5-year,4% bonds, were issued for $832350. The interest rate in effect when the bonds were issued was5%. Interest is paid", "question_title": "On January 1, 2021, $910000, 5-year,4% bonds, were issued for $832350. The", "question_title_for_js_snippet": "On January 1, 2021, $910000, 5 year,4 bonds, were issued for $832350 The interest rate in effect when the bonds were issued was5 Interest is paid semi annually on January 1 and July 1 What would be the amount of discount amortized on July 1, 2021 (Round intermediate calculations to 5 decimal places ) A corporation issued $191000,8 , 5 year bonds on January 1, 2021 for $207292which reflects an effective interest rate of6 Interest is paid semi annually on January 1 and July 1 The amount of bond interest expense to be recognized on July 1, 2021, is (Round intermediate calculations to decimal places ) On January 1, 2021,BrambleLimited issues a $27232,5 3 year note payable The note calls for three annual payments of $10000, blended principal and interest The first payment is to be made on December 31, 2021 The total amount of interest that will be paid over the term of the loan is Favaro Company purchased 25 of the outstanding common shares (10,000 shares) of ABC Company for $65,000 on August 1 At December 31, Favaro's year end, ABC's shares are selling for $7 and ABC reported net income of $160,000 Assuming Favaro accounts for the investment using the equity method, the adjustment to the investment account at year end would be On January 1, 2021,CheyenneCorporation purchased32 of the common shares ofCoronadoLimited for $403000 During 2021,CoronadoLimited paid cash dividends of $50000and had profit of $290000 During the same period,Cheyenneearned $506000and paid dividends of $121000 Both corporations have a December 31 year end On December 31, 2021, the balance inCheyenne's Investment in AssociateCoronadoCommon Shares account is", "question_description": "
  1. On January 1, 2021, $910000, 5-year,4% bonds, were issued for $832350. The interest rate in effect when the bonds were issued was5%. Interest is paid semi-annually on January 1 and July 1. What would be the amount of discount amortized on July 1, 2021? (Round intermediate calculations to 5 decimal places.)<\/li>
  2. A corporation issued $191000,8%, 5-year bonds on January 1, 2021 for $207292which reflects an effective-interest rate of6%. Interest is paid semi-annually on January 1 and July 1. The amount of bond interest expense to be recognized on July 1, 2021, is (Round intermediate calculations to decimal places.)<\/li>
  3. On January 1, 2021,BrambleLimited issues a $27232,5% 3-year note payable. The note calls for three annual payments of $10000, blended principal and interest. The first payment is to be made on December 31, 2021. The total amount of interest that will be paid over the term of the loan is...<\/li> <\/ol>

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    1. Favaro Company purchased 25% of the outstanding common shares (10,000 shares) of ABC Company for $65,000 on August 1. At December 31, Favaro's year end, ABC's shares are selling for $7 and ABC reported net income of $160,000. Assuming Favaro accounts for the investment using the equity method, the adjustment to the investment account at year end would be.....<\/li>
    2. On January 1, 2021,CheyenneCorporation purchased32% of the common shares ofCoronadoLimited for $403000. During 2021,CoronadoLimited paid cash dividends of $50000and had profit of $290000. During the same period,Cheyenneearned $506000and paid dividends of $121000. Both corporations have a December 31 year end. On December 31, 2021, the balance inCheyenne's Investment in AssociateCoronadoCommon Shares account is<\/li> <\/ol>", "transcribed_text": "", "related_book": { "title": "Global Strategy", "isbn": "0357512367, 978-0357512364", "edition": "5th Edition", "authors": "Mike W. Peng", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/649592eaa157d_32303.jpg", "uri": "\/textbooks\/global-strategy-5th-edition-9780357512364", "see_more_uri": "" }, "free_related_book": { "isbn": "B0C9S7Q7ZM", "uri": "\/textbooks\/art-of-technical-analysis-trading-strategies-tools-and-techniques-to-help-you-become-a-successful-trader-1st-edition-979-8852408686-254719", "name": "Art Of Technical Analysis Trading Strategies Tools And Techniques To Help You Become A Successful Trader", "edition": "1st Edition" }, "question_posted": "2024-06-28 03:35:45", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/use-the-data-given-and-a-1-level-of-significance-251805", "description": "Use the data given and a 1% level of significance to test the following hypotheses. 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