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page 2019 page 2020 Result List: marine... G Google Assignment 3 - Nike. Just Do It. N... Business Ethics C... Topic: Halloween. eBook Recording Bond

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Result List: marine... G Google Assignment 3 - Nike. Just Do It. N... Business Ethics C... Topic: Halloween. eBook Recording Bond Issuance Instruction Chart of Accounts General Journal Present Value Tables Instructions On January 1, 2019, Knorr Corporation issued $700,000 of 6%, 5-year bonds dated January 1, 2019. The bonds pay interest annually on December 31. The bonds were Issued to yield 7%. Bond issue costs associated with the bonds totaled $8,312,46 Required: Prepare the journal entries to record the following: Sold the bonds at an effective rate of 7% January 1, 2019 December 31, 2019 December 31, 2019 First interest payment using the effective interest method Amortization of bond Issue costs using the straight-line method Second Interest payment using the effective Interest method Amortization of bond issue costs using the straight-line method December 31, 2020 December 31, 2020 Previous Next Check My Work P W 30 cording Bond Issuance Instructions Chart of Accounts General Journal Present Value Tables nstructions General Journal On Shaded cells have feedback. X embe Iss Prepare the journal entries to record the following: January 1, 2019 Sold the bonds at an effective rate of 7% December 31, 2019 First interest payment using the effective interest method Amortization of bond issue costs using the straight-line method December 31, 2019 December 31, 2020 Second Interest payment using the effective interest method December 31, 2020 Amortization of bond issue costs using the straight-line method General Journal Instructions Check My Work So Cheuk. Laa... Result List: marine SessionLocator=&inprogress=false - Nike. Just Do It. N... Google Assignment 3 6 Business Ethics C Topic: Halloween. tions Shaded cells have feedback. X neral Journal Present Value Tables Table 3 - Present Value of 1: Pn,i= a + 1" 1.5% 4.0% 4.5% n 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 10.0% 12.0% 1 0.985222 0.961538 0.956938 0.952381 0.947867 0.943396 0.934579 0.925926 0.917431 0.909091 0.892857 2 0.924556 0.915730 0.907029 0.898452 0.889996 0.873439 0.857339 0.841680 0.826446 0.797194 0.970662 0.856317 3 0.888996 0.876297 0.863838 0.851614 0.839619 0.816298 0.793832 0.772183 0.751315 0.711780 0.942184 4 0.854804 0.838561 0.822702 0.807217 0.792094 0.762895 0.635518 0.735030 0.708425 0.683013 0.712986 5 0.802451 0.783526 0.680583 0.567427 0.928260 0.765134 0.747258 0.649931 0.620921 0.821927 0.704961 0.666342 0.725246 0.630170 0.596267 0.564474 0.506631 0.767896 0.746215 6 0.914542 0.790315 0.622750 0.665057 0.583490 0.547034 0.513158 0.452349 0.687437 7 0.710681 0.901027 0.759918 0.734828 0.627412 0.582012 0.540269 0.501866 0.466507 0.651599 0.403883 0.676839 8 0.887711 0.730690 0.703185 0.591898 0.543934 0.500249 0.460428 0.360610 0.424098 0.617629 0.644609 9 0.874592 0.702587 0.672904 0.321973 0.558395 0.508349 0.422411 0.463193 0.385543 0.585431 10 0.861667 0.613913 0.675564 0.643928 W JP 30 MacBook Pro Sa Chouk Loa 0 Result List: marine... G Google Assignment 3 09:13 BR-9A... Nike. Just Do It, N... e Business Ethics C 03 Topic: Halloween uctions General Journal Shaded cells have feedback. X Present Value Tables 11 0.848933 0.649581 0.616199 0.584679 0.554911 0.526788 0.475093 0.428883 Pri 0.387533 0.350494 0.287476 12 0.836387 0.624597 0.589664 0.556837 0.525982 0.496969 0.444012 0.397114 0.355535 0.318631 0.256675 13 0.824027 0.600574 0.564272 0.530321 0.498561 0.468839 0.414964 0.367698 0.289664 0.229174 0.326179 0.340461 14 0.505068 0.472569 0.387817 0.299246 0.911849 0.577475 0.442301 0.263331 0.204620 0.539973 0.417265 0.315242 0.481017 0.362446 0.274538 0.182696 15 0.555265 0.447933 0.239392 0.799852 0.516720 0.217629 0.338735 0.163122 0.291890 0.251870 0.494469 0.458112 0.424581 0.393646 16 0.788031 0.533908 0.316574 0.270269 0.231073 0.197845 0.145644 17 0.371364 0.776385 0.513373 0.473176 0.436297 0.402447 0.295864 0.250249 0.179859 0.350344 0.211994 0.130040 0.381466 0.415521 18 0.493628 0.764912 0.452800 0.231712 0.194490 0.116107 0.330513 0.276508 0.163508 0.395734 0.361579 0.433302 19 0.753607 0.474642 0.258419 0.214548 0.178431 0.148644 0.103667 0.342729 0.311805 GE 0.376889 20 0.742470 0.456387 0.414643 0.198656 0.163698 0.135131 0.092560 0.241513 0.324862 0.294155 0.358942 21 0.731498 0.438834 0.396787 0120RAR NORR13 150182 0225712 01R 2041 077505 30702 n 241850 370701 22 101055 RAR 0 30 eBook Recording Bond Issuance Instructions Chart of Accounts General Journal Present Value Tables Instructions Or ACCOUNT WILL UNLI General Journal DATE 1 Jan. 1 Shaded cells have feedback. X ember 31. The bon 671,298.62 DCOM CALUI iss Cash 2 Discount on Bonds Payable 37,013.84 Bonds Payable 700,000.00 8,312.46 4 Jan.1 Deferred Debt Issuance Costs 8,312.469 5 Cash 46,990.90 6 Dec. 31 Interest Expense I 4,990.90 7 Discount on Bonds Payable 42,000.00 8 Cash 1,162.40 9 Dec 31 Interest Expense 3,600.00 10 Deferred Debt Issuance Costs Previous Check My Work w Recording Bond Issuance Instructions Chart of Accounts General Journal Present Value Tables Instructions General Journal Shaded cells have feedback. X ember 31. The bo PAGE 2019 PAGE 2020 Iss GENERAL JOURNAL Score: 159/193 ACCOUNT TITLE POST. REF. DEBIT CREDIT DATE Dec. 31 1 Interest Expense 2 Discount on Bonds Payable 3 Cash 4 Dec. 31 Interest Expense Deferred Debt Issuance Costs Points: 29.66 / 36 Previous Check My Work W 30

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