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plz help:) If you need the chart of accounts let me know Present Value Tables Chart of Accounts Journal Instructions Campbell Inc. produces and sells
plz help:) If you need the chart of accounts let me know
Present Value Tables Chart of Accounts Journal Instructions Campbell Inc. produces and sells outdoor equipment. On July 1, Year 1. Campbell Inc. issued $11,300,000 of 10-year, 11% bonds at a market (effective) interest rate of 9%, receiving cash of $12,769,867. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year. Required: 1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1 Year 1.' 2. Journalize the entries to record the following: a. The first semiannual interest payment on December 31, Year 1, and the amortization of the bond premium, using the straight-line method (Round to the nearest dollar.) b. The interest payment on June 30, Year 2, and the amortization of the bond premium, using the straight-line method (Round to the nearest dollar) 3. Determine the total interest expense for Year 1. 4. Will the bond proceeds always be greater than the face amount of the bonds when the contract rate is greater than the market rate of interest? 5. Compute the price of $12,769,867 received for the bonds by using the tables shown in Present Value Tables (Round to the nearest dollar.) *Refer to the Chart of Accounts for exact wording of account titles Check My Work 3 more Check My Work uses remaining poyi JJ-alse Calculator Print Item u premum encries TUI Domus payaure transactions Instructions Present Value Tables Chart of Accounts Journal Instructions Present Value Tables Two present value tables are provided: Present Value of $1 at Compound Interest Due in n Periods and Present Value of Ordinary Annuity of $1 pe Period. Use them as directed in the problem requirements. Periods 2 Present Value of $1 at Compound Interest Due in n Periods 4.0% 4.5% 5% 5.5% 6% 6.5% 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 0.92456 0.91573 0.90703 0.89845 0.89000 0.88166 0.87344 0.88900 0.87630 0.86384 0.85161 0.83962 0.82786 0.81630 0.85480 0.83856 0.82270 0.80722 0.79209 0.77732 0.76290 0.82193 0.80245 0.78353 0.76513 0.74726 0.72988 0.71299 0.79031 0.76790 0.74622 0.72525 0.70496 0.68533 0.66634 0.75992 0.73483 0.71068 0.68744 0.66506 0.64351 0.62275 0.73069 0.70319 0.67684 0.65160 0.62741 0.60423 0.58201 0.70259 0.67290 0.64461 0.61763 0.59190 0.56735 0.54393 0.67556 0.64393 0.61391 0.58543 0.55839 0.53273 0.50835 DANE LA DENO A CENA Previous Check My Work 3 more Check My Work uses remaining Assignment/takeAssignment Main.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Calculator E Print Item bonu premummies TUI Donus payapie transactions Instructions Present Value Tables Chart of Accounts Journal Instructions Present Value Tables 10 0.67556 0.64393 0.61391 0.58543 0.55839 11 0.64958 0.61620 0.58468 0.55491 0.52679 0.62460 0.58966 0.55684 0.52598 0.49697 0.60057 0.56427 0.53032 0.49856 0.46884 0.57748 0.53997 0.50507 0.47257 0.44230 0.55526 0.51672 0.481020.44793 0.41727 0.53391 0.494470.45811 0.42458 0.39365 0.51337 0.47318 0.43630 0.40245 0.37136 0.49363 0.45280 0.41552 0.38147 0.35034 0.47464 0.43330 0.39573 0.36158 0.33051 0.45639 0.41464 0.37689 0.34273 0.31180 0.43883 0.39679 0.35894 0.32486 0.29416 0.42196 0.37970 0.34185 0.30793 0.27751 0.40573 0.36335 0.32557 0.29187 0.26180 0.39012 0.34770 0.31007 0.276660.24698 0.53273 0.50835 0.50021 0.47509 0.46968 0.44401 0.441020.41496 0.41410 0.38782 0.38883 0.36245 0.36510 0.33873 0.34281 0.31657 0.32189 0.29586 0.30224 0.27651 0.28380 0.25842 0.26648 0.24151 0.25021 0.22571 0.23494 0.21095 0.22060 0.19715 Check My Work 3 more Check My Work uses remaining Dy DOSSIUILUCdlor=&progress=false eBook Domu Prem Calculator Print Item encries TUI bonus payauic wasaCIONS Instructions Present Value Tables Chart of Accounts Journal Instructions Present Value Tables 25 0.37512 0.33273 0.29530 0.26223 0.36069 0.31840 0.28124 0.24856 0.346820.30469 0.26785 0.23560 0.33348 0.29157 0.255090.22332 0.32065 0.279020.24295 0.21168 0.30832 0.26700 0.23138 0.20064 0 29646 0.25550 0.22036 0.19018 0.28506 0.24450 0.20987 0.18027 33 027409 0.23397 0.19987 0,17087 0.26355 022390 0.19035 0.16196 35 0.25342 0.21425 0.18129 0.15352 0.208290.17193 0.14205 0.11746 450 .17120 0.13796 0.11130 0.08988 50 0.14071 0.11071 0.08720 0.06877 0.23300 0.20714 0.18425 0.21981 0.19450 0.17220 0.20737 0.18263 0.16093 0.19563 0.17148 0.15040 0.18456 0.16101 0.14056 0.17411 0.15119 0.13137 0.16425 0.14196 0.12277 0.15496 0.13329 0.11474 0.14619 0.12516 0.10723 0.13791 0.11752 0.10022 0.13011 0.11035 0.09368 0.09722 0.08054 0.06678 0.07265 0.05879 0.04761 0.05429 0.04291 0.03395 Check My Work 3 more Check My Workeuses remaining FRUIP D e l SUSSION Locator &inprogress=false eBook Dulu Pem Print Item e rieSTUF Uomus payaurensaCINIS Calculator Instructions Present Value Tables Chart of Accounts Journal Instructions Present Value Tables Present Value of Ordinary Annuity of $1 per Period Periods 4.0% 4.5% 5% 5.5% 6% 6.5% 7% 0.96154 0.95694 0.95238 0.94787 0.94340 0.93897 0.93458 1.88609 1.87267 1.85041 1.84632 1.83339 1.82063 1.80802 3 2 .77509 2.74896 2.72325 2.69793267301 2.648482.62432 3.62990 3.58753 3.54595 3.50515 3.46511 3.42580 3.38721 5 4.45182 4.38998 4.32948 4.27028 4.21236 4.15568 4.10020 5.24214 5.15787 5.07569 4.99653 4.91732 4,84101 4.76654 6.00205 5.89270 5.78637 5.68297 5.58238 5.48452 5.38929 6.73274 6.59589 6.46321 6.33457 6.33457 6.20979 6.06875 5.97130 7.43533 7 26879 7.10782 6.95220 6.80169 6.65610 6.51523 8.11090 7.91272 7.72173753763 7.36009 7.BRR3 7.02358 8.76048 8.52892 8.30641 8.09254 7.8687 749867 7.68904 9.385079.11858 8.86325 8.61852 8.38384 8.15873 7.94269 139 98585 96259.39357 9.11708 8.85268859974 8 35765 Check My Work 3. more Check My Wisemainine ADAB RUOPI BOOK Calculator Print Item Bond premium, entries for bonds payable transactions Instructions Present Value Tables Chart of Accounts Journal Instructions Present Value Tables 15.98277 14.37519 13.66250 13.00317 12.39237 11.82578 16.32959 15.14661 15.45130 15.74287 14.64303 14.89813 13.89810 13.21053 14.1214213.40616 12.57500 12.74648 11.98671 12.13711 16.66306 16.98371 16.02189 15.14107 14.33310 13.59072 12.90749 12.27767 17.29203 16.28889 17.5884916.54439 17.87355 16.78889 18.14765 17.02286 18.41120 17.24676 18.66461 17.46101 19.79277 18.40158 20.72004 19.15635 21.48218 19.76201 15.37245 14.53375 15.59281 14.72393 15.80268 14.90420 16.00255 15.07507 16.1929015 23703 16.37419 15,39056 17.15909 16.04612 17.77407 16.54773 18.25593 16.93152 13.76483 13.92909 14.08404 14.23023 14.36814 14.49625 15.04630 15.45583 15.76186 13.05868 12.40904 13.20063 12.53181 13.33393 12.64656 13.4590912.75379 13.57661 1285401 13.68696 12.94767 14.14553 13 33171 14.48023 13.60552 14.7245213.80075 Check My Work 3 more Check My Work uses remaining CAUTOP Instructions Present Value Tables Chart of Accounts Journal Instructions Journal 1. Jumate the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, Year 1. Refer to the Chart of Accounts for exact w JOURNAL ACCOUNTING DESCRPTION POST. REF. DEBIT CREDIT ASSETS LIABILI 2. Journalize the entry to record the first semiann Round to the nearest dollar. Refer to the Chart of 23 December 31, Year 1, and the amortization of the bond premium, using the stra ng of account titles La 3 Check My Work 3 more Check My Work uses remaining Previous Instructions Journal 20. Journalire the entry to record the first seranual interest payment on December 31, Year 1, and the amortization of the bond premium, using the straid Round to the nearest dollar. Refer to the Chart of Accounts for exact wording of account bites. JOURNAL ACCOUNTING DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITI 2. Journalize the entry to record the interest payment on June 30, Year 2, and the amortization of the bond p dollar. Refer to the Chart of Accounts for exact wording of account titles mium, using the straight-line method. Round Check My Work 3 more Check My Work uses remaining, Previous 2b. Journalize the entry to record the interest payment on June 30, Year 2, and the amortization of the bond premium, using the straight-line method. Rount doltar. Refer to the Chart of Accounts for exact wording of account titles. JOURNAL ACCOUNTING DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LABUTI Check My Work 3 more Check My Work uses remaining. Previous Step by Step Solution
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