Present with solution xi xie n

A.On January 1, 1994, Maxwell issued 9% bonds in the amount of 2,000,000 which mature on January 1, 2014. The bonds were issued for 939,000 to yield 10%. Interest is payable annually on December 31. Maxwell uses the interest method of amortizing bond discount. In its December 31, 1994 balance sheet, what amount should Maxwell report as bonds payable?

B.On April 1, 2005, Chao issued at 103 plus accrued interest, 1,000 of its 9%,1,000 bonds. The bonds are dated January 1, 2005 and mature on January 1, 2015. Interest is payable semi-annually on January 1 and July 1. RED paid transaction costs of 5,000. How much would Chao realize as net cash receipts from the bond issuance

C.On May 1, 1890, Yuan issued 2,000,000, 5-year, 10% bonds for 2,300,000. Each 1,000 bond has two detachable warrant eligible for the purchase of one share of Yuan 100 par ordinary share for 120. Without the warrants, the bonds are selling at a prevailing 9% rate of interest. The PV factor of annuity of 9% for 5 periods is 3.89; the PV factor of 9% on the 5th year is .65. How much is the value of the equity instrument or the detachable warrants?

D.On August 1, 2004, . issued at 97 including accrued interest, 2,000 of its 10%,1,000 bonds. The bonds are dated January 1, 2004, to mature on January 1, 2014. Interest is payable semi-annually on January 1 and July 1. From the bond issuance, how much net cash did receive?

E.On July 1, 1995, after recording interest and amortization, converted 5,000,000 of its 12% convertible bonds into 50,000 shares of 10 par value ordinary share. On the conversion date, the carrying amount of the bonds was 6,000,000, the market value of the bonds was 6,500,000 and ordinary shares was publicly trading at 150 per share. incurred 200,000 in connection with the conversion. What amount of additional share premium should record as result of the conversion?

F. Company reported a 10% note payable of 3,600,000 on June 30, 2020. The note is dated October 1, 2018 and payable in three equal annual payments of 1,200,000 plus interest. The first interest and principal payment was made on October 1, 2019. On June 30, 2020, what amount should be reported as accrued interest payable for this note?

G. is indebted to under a 4,000,000, 12%, three-year note dated December 31, 2018. Because of financial difficulties developing in 2020, Company owed accrued interest of 480,000 on the note on December 31, 2020. Under a debt restructuring on December 31, 2020, agreed to settle the note and accrued interest for a tract of land having a fair value of 3,380,000. The acquisition cost of the land is 2,480,000. What amount of pretax gain on extinguishment should report as component of income from continuing operations in 2020?