ultry Round your store wilder) Journal then the bonds on January 1, 2018 Date Accounts and Exenation Debi Credit Requirements 2018 Cash Decount on londs Payable Bine alle 104.000 0,000 200.000 1. There is won ECUs Bond with bonds he priced at face vilo, dit? 2. Where we bond wil the bonds be pred of Vio The pri e flowig bondo thens on Jury 1, 2018 Payron 2011 Pyment Dec.2018 d. Relvement of the brenda maturity on December 6, 2007, sing their payment has been Debit horde att menandam 10, 2018 Dala Account and Explanation 2018 An Expo Decount on Bonda Payette Cach Credit P Done Dodation Choose from any or any number in the folds in the clok Check Arewer urt Janing Clear Check Ana MacBook Air Requirements. The interior bonde la 97. Jumal the bond troraadions (Asume bonds payable are worted using the straighine amortization method. Ancord della bat, the credite Select operatore Jury Round your answers to the nearest whole dollar) Jounalise the one of the bond on Januay 1, 2016 Date Accounts and Explanation Dabli Credit 2018 ant Cash 194,000 Popuram) Dacourt on Bonds Payable 6.000 Bonds Payable 200.000 1. the market rest is when Uits bonds, wil the bonds be priced at face v premium, Explain 2. the market is when ECU is its bonds, will the bonds be priced at face b. Jumalize the payment of interest and amortion on June 30, 2016 valsts premium, or wount? El 3. The price of the bonds 97. Jumle the following bond raadion Dase Accounts and Explanation Debit Cred w of the bondson muy 1 2018 2018 b. Payment of interest and moon on June 30, 2018 6. Payment of rest and more on December 31, 2018 Jun 30 st Expen d. Retirement of the bodo morto December 31, 2007, ssuming the last interest Oto Boris Payable payment has already been recorded Cash Print Done sued bonds at a discount Choose from any list or any number in the rout fields and then click Check Answer 2 Check Answer parts remaining CA MacBook Air SO % 5 8 7 4 a 8 9 w E R. T Y U P D F H 3 journal entry Round your answers to the nearest Wholedo Joumle the issuance of the bonds on January 1, 2018 Debit Accounts and explanation Date Credit 2018 Requirements 104.000 5.000 Can Discount on Bonds Payable Bonds Payable 200.000 med bonds at a discount 1. the market intress 6% when ECU issues its bonds, wil the bonds be priced affron value, a premium, or a discount? Explo, 2 the market interest rate is 9% when ECU istues its bonds will the bonds be priced at face value at a premium, discount? Explain 3. The price of the bonds 7. Journalize the following bond transactions Issuance of the bodson January 1, 2018 b. Payment of it and amortization on June 30, 2018 c. Payment of interest and amortization on December 31, 2018 d. Retrt of the band attity on December 31, 2037, assuming the last inte payment has already been recorded a. Debit b. Joumalize the payment of interest and amortization on An 30, 2018 Date Accounts and Explanation 2016 un 30 Interest Expense Discount on Boris Payable Credit Print Done fed bondat adunt Choose from any list or enter any number in the input fields and then click Check Answer 2 parts remaining Clear All obit Credit Requirements X 94,000 6,000 200,000 1. If the market interest rate is 6% when ECU issues its bonds, will the bonds be priced at face value, at a premium, or at a discount? Explain. 2. the market interest rate is 9% when ECU issues its bonds, will the bonds be priced at face value, at a premium, or at a discount? Explain. 3. The issue price of the bonds is 97. Joumalize the following bond transactions: a. Issuance of the bonds on January 1, 2018 b. Payment of interest and amortization on June 30, 2018 c. Payment of interest and amortization on December 31, 2018, d. Retirement of the bond at maturity on December 31, 2037, assuming the last interest payment has already been recorded abit Credit Print Done ick Check Answer Check Answer Clear All MacBook Air On January 1, 2018, Engineers Credit Union (ECU) issued 8%, 20-year bonds payable with face value of $200,000. The bonds pary interest on June 30 and Decem Read the requirements. Requirement 3. The issue price of the bonds is 97. Joumalize the bond transactions. (Assume bonds payable are amortized using the straight-line amortization journal entry. Round your answers to the nearest whole dollar.) a. Joumalize the issuance of the bonds on January 1, 2018. Accounts and Explanation Credit Date Dobit 2018 Jan 1 194,000 Requirements Cash Discount on Bonds Payable Bonds Payable 6,000 200,000 1. If the market interest rate is 6% when ECU value, at a premium, or at a discount? Explain 2. If the market interest rate is 9% Wher ECU issu value, at a premium, or at a discount? Explain 3. The issue price of the bonds is 97 Journalize Issuance of the bonds on January 1, 2018 b. Payment of interest and amortization on Ju c. Payment of interest and amortization on D d. Retirement of the bond at maturity on Deo payment has already been recorded. a. Debit issued bonds at a discount b. Journalize the payment of interest and amortization on June 30, 2018. Date Accounts and Explanation 2018 Jun 30 Interest Expense Discount on Bonds Payable Cash Credit Print Issued bonds at a discount. Choose from any list or enter any number in the input fields and then click Check Answer. Clear All 2 parts remaining
