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On March 1 , 2 0 2 4 , Baddour, Incorporated, issued 1 0 % bonds, dated January 1 , with a face amount of

On March 1,2024, Baddour, Incorporated, issued 10% bonds, dated January 1, with a face amount
of $160 million.
The bonds were priced at $142.50 million (plus accrued interest) to yield 12%.
The price if issued on January 1 would have been $139.75 million.
Interest is paid semiannually on June 30 and December 31.
Baddour's fiscal year ends September 30.
Required:
to 3. What would be the amount(s) related to the bonds Baddour would report in its balance
sheet, income statement and statement of cash flows for the year ended September 30,2024?
Note: Enter your answers in whole dollars. Negative amounts should be indicated by a minus
sign.
Answer is complete but not entirely correct.On March 1,2024, Baddour, Incorporated, issued 10% bonds, dated January 1, with a face amount
of $160 million.
The bonds were priced at $142.50 million (plus accrued interest) to yield 12%.
The price if issued on January 1 would have been $139.75 million.
Interest is paid semiannually on June 30 and December 31.
Baddour's fiscal year ends September 30.
Required:
to 3. What would be the amount(s) related to the bonds Baddour would report in its balance
sheet, income statement and statement of cash flows for the year ended September 30,2024?
Note: Enter your answers in whole dollars. Negative amounts should be indicated by a minus
sign.
Answer is complete but not entirely correct.
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