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Presented below are two independent situations. Click here to view factor tables. a. Joseph Moore Co. sold $1,940,000 of 10%, 10-year bonds at 104 on

Presented below are two independent situations. Click here to view factor tables. a. Joseph Moore Co. sold $1,940,000 of 10%, 10-year bonds at 104 on January 1, 2025. The bonds were dated January 1, 2025, and pay interest on July 1 and January 1. If Moore uses the straight-line method to amortize bond premium or discount, determine the amount of interest expense to be reported on July 1, 2025, and December 31, 2025. (Round answer to O decimal places, e.g. 38,548.) Interest expense to be recorded b. Thomas Taylor Inc. issued $590,000 of 9%, 10-year bonds on June 30, 2025, for $553,237. This price provided a yield of 10% on the bonds. Interest is payable semiannually on December 31 and June 30. If Taylor uses the effective-interest method, determine the amount of interest expense to record if financial statements are issued on October 31, 2025. (Round intermediate calculations to 6 decimal places, e.g. 1.251247 and final answer to O decimal places, e.g. 38,548.) * Interest expense to be recorded $ eTextbook and Media
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Click here to view factor tables. a. Joseph Moore Co, sold $1,940,000 of 10%,10-year bonds at 104 on January 1,2025. The bonds were dated January 1, 2025, and pay interest on July 1 and January 1. If Moore uses the straight-line method to amortize bond premium or discount, getermine the amount of Interest expense to be reported on July 1.2025, and December 31. 2025. (Round answer to 0 decimal places, eg. 38,548.) Interest expense to be recorded \$ b. Thomas Taylor Inc, issued $590,000 of 9%,10 year bonds on June 30,2025, for $553.237. This price provided a yield of 10% on the bonds, Interest is payable semiannually on December 31 and June 30 . If Toylor uses the effective-interest method, determine the amount of interest expense to record if financial statements are issued on October 31, 2025. Round intermediate calculations to 6 decimal places, e. 8.1 .251247 and final answer to 0 decimal places, es. 38.548.) Interest expense to be recorded $ Click here to view factor tables. a. Joseph Moore Co, sold $1,940,000 of 10%,10-year bonds at 104 on January 1,2025. The bonds were dated January 1, 2025, and pay interest on July 1 and January 1. If Moore uses the straight-line method to amortize bond premium or discount, getermine the amount of Interest expense to be reported on July 1.2025, and December 31. 2025. (Round answer to 0 decimal places, eg. 38,548.) Interest expense to be recorded \$ b. Thomas Taylor Inc, issued $590,000 of 9%,10 year bonds on June 30,2025, for $553.237. This price provided a yield of 10% on the bonds, Interest is payable semiannually on December 31 and June 30 . If Toylor uses the effective-interest method, determine the amount of interest expense to record if financial statements are issued on October 31, 2025. Round intermediate calculations to 6 decimal places, e. 8.1 .251247 and final answer to 0 decimal places, es. 38.548.) Interest expense to be recorded $

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