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pls answer e 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 e
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 September 30 . The compary 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) Using 1. factor Tables 2. a financial calculator, or 3. Excel function PV, calculate the premium or dscount on the bonds. (Round foctor values to 5 decimal ploces, eg 1.25124 and final answer to 0 dedimal ploces, es 5.275. Your answer is correct. Prepare a partial Bond Premium/Discount Amertization 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 ploces, es, 5,275) Your answer is correct. Prepare a partial Bond Premlum/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 O decimal places, es, 5,275 ) Prepare the journal entry to record the issue of the bonds. (Credit account titles are automatically indented when the omount is entered. Do not indent manuoliki If no entry is required, select "No Entry" for the account tilles and enter O for the amocuts. Round answers to 0 decimal ploces, Step by Step Solution
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