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pls answer d On July 1, 2023, DDJ Limited issued bonds with a face value of $900,000 due in 20 years, paying interest at a
pls answer d
On July 1, 2023, DDJ Limited issued bonds with a face value of $900,000 due in 20 years, paying interest at a face rate of 11% on January 1 and July 1 each year. The bonds were issued to yield 12%. The company's year-end was 5 eptember 30 . The company used the effective interest method of amortization. Click here to view the factor table PRESENT VALUE OF 1. Click here to view the factor table PRESENT VALUE OF AN ORDINARY ANNUITY OF 1. (a) Your answer is correct. Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV. calculate the premium or discount on the bonds, Round factor values to 5 decimal ploces, eg. 1.25124 and final answer to 0 decimel ploces, es. 5.275j on bond $ Prepare a partial Bond Premium/Discount Amortization Schedule for DDJ Limited. Only prepare the entries in the schedule for July 1, 2023, January 1, 2024, and July 1, 2024. (Round answers to 0 decimal places, eg. 5,275.) Your answer is correct. Prepare a partial Bond Premium/Discount Amortization Schedule for DDJ Limited. Only prepare the entries in the schedule for July 1, 2023, January 1, 2024, and July 1.2024. (Round answers to 0 dedinol ploces, es 5.275.) Prepare the journal entry to record the issue of the bonds. (Credit occount tilles are outomatically Indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount titles and enter 0 for the omounts: Round answers to 0 decimal places, e8. 5,275. List debit entry before aredit entry) Prepare the yeariend accrual entry for DDJ Limited at September 30, 2023. (Credit ecoount thiles are cutometicolly indented when the amount is enfered. Do not indent manuelin af no entry is required, select "No Enty" for the acoount thles and enter of for the amounts Round anowers to 0 dedinal ploces, es. 5,275. List alf debit entries before credit entrieh) Step by Step Solution
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