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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 Baddour, Incorporated, issued bonds, dated January with a face amount
of $ million.
The bonds were priced at $ million plus accrued interest to yield
The price if issued on January would have been $ million.
Interest is paid semiannually on June and December
Baddour's fiscal year ends September
Required:
to What would be the amounts related to the bonds Baddour would report in its balance
sheet, income statement and statement of cash flows for the year ended September
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 Baddour, Incorporated, issued bonds, dated January with a face amount
of $ million.
The bonds were priced at $ million plus accrued interest to yield
The price if issued on January would have been $ million.
Interest is paid semiannually on June and December
Baddour's fiscal year ends September
Required:
to What would be the amounts related to the bonds Baddour would report in its balance
sheet, income statement and statement of cash flows for the year ended September
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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