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On January 1, 2023, Carla Vista Ltd. issued $2090000,5% bonds, which mature on January 1,2030 . The bonds were issued for $2215447 to yield 4%.
On January 1, 2023, Carla Vista Ltd. issued $2090000,5% bonds, which mature on January 1,2030 . The bonds were issued for $2215447 to yield 4%. Carla Vista uses the effective interest method of amortizing bond premium. Interest is payable annually on December 31. At December 31, 2023, the adjusted balance in the Bonds Payable account should be $2090000. $2231329. $2215447. $2199565
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