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Problem 14-05 In each of the following independent cases, the company closes its books on December 31. Your answer is partially COITOC. Try again Tranhoc

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"Problem 14-05 In each of the following independent cases, the company closes its books on December 31. Your answer is partially COITOC. Try again Tranhoc Cs. Sells -451,000? Es bords on March 1, 2020. The bonds psy interest on September and March 1. The due date cr thc bonds is September 1, 2022. The bonds yield 174. Gic cntrics through December 31, 2021. Prepare a bond amortization schedule using the effective interest method for discount and pretium amortization. Amortize premium or discount on Interest cates and at year-end (Round answers to D decimal places, eg, 38,518.) Schedule of Bond DiRCDunt Amortization Effective-Interest Method Bonds Sold to Yield Discount Date V1/201 0/1/20 25000 3/1/21 01/21 3/1/22 9/1/22 3/1/23 0/1/23 Prepare al of the relevant toutal entries from the time of sale unti December 31, 2021. (15.me that no reversing entries were made (Round present value factor calculations to 5 decimal places, eg, 1.25124 and the final answers to o decimal places e.g. 58,971. If no entry is required select "Na Entry for the Count titles and arter for the amounts. Credit account titres are automatically indented when amount is marad. Do not inderat nully.) 12435 1451008 24398.74 Date Account Titl und Explanation 3/1/20 Cash Discount on Bond Psyatid Bonds Payabic 11/20 Interest Expense Discount an Bonda Payable Cash 112/31/20 Interest Expenses TinNyble Discountan Beriche Parys: 11/21 Trresten interest Payable Discount an Donds Payable T18540 02657 170065 27.05.76 19/1/21 2511.04 interest Expense Discount on Bonds Payable Cash 7104.68 18040 9/1,22 Interest Expense Discount on Banda Rayable 07:44.GA O' 1A040 T: 2026.67 1:27/21 interest Expense interest Poyable Discount on bonds Nayable 5048.21 E Your A P s partially correct. Try nyim. Stick Ca. will. s.385,000 of 12 borse un lune 1, 2020. The bon pun o n December 1 and 1. The cut of the di un 12024. Then yd On October 1, 2021, Sharrutk bu back $123,520 warth of the far $120,520 (incluch ex t ). Given though Prepare a bond amortization scheduc using the offective interest method for discount and premium amortizaton. Amortiza promium or discount on Interest dates and at year-end. (Round answers to decimal places, c.g. 38,549.) Schedule of Bond Discount Amortization effective-Interest Method Band Sold to Yield Interest Premium Carrying Amount of Date 1/20 12/1/20 6/1/21 12/1/21 6/1/22 12/1/22 6/1/23 12/1/23 - D rence due to round ng Prepare all of the relevant journal artists from the time of a ntil Dember 21, 2022. (Asume that versing untuk war maca) (Round pret value f or calculations to s ducim select "No Entry for the account titles and ter o for the amounts Credit account ties are automatically indented what amount is neved. Dometindent mavically.) place, wg. 1.25124 and the Date Account Titles and Exqlanation W1/20 Drunt on and Phy Donds Payable 12/1/20 Interest Berse Discount on Bonds Pays 12/11/ O'L cercator Danton Bonde Pay CASH 12/31/20 Interest Deense Interest Rayable Daunton and pas 01/21 Intret Interest Payable " U d'UOOOOOO Discount on Bonds Payes TCash 10/1/21 Interest D entran and Pey Turer interest Expens andrium HT 10/1/21terest Expense interest Payable D unt un anda ya [Turnerillany buck a bunt) 12/1/210 12/31/211 6/1/22 Question Attempte: Unlimited "Problem 14-05 In each of the following independent cases, the company closes its books on December 31. Your answer is partially COITOC. Try again Tranhoc Cs. Sells -451,000? Es bords on March 1, 2020. The bonds psy interest on September and March 1. The due date cr thc bonds is September 1, 2022. The bonds yield 174. Gic cntrics through December 31, 2021. Prepare a bond amortization schedule using the effective interest method for discount and pretium amortization. Amortize premium or discount on Interest cates and at year-end (Round answers to D decimal places, eg, 38,518.) Schedule of Bond DiRCDunt Amortization Effective-Interest Method Bonds Sold to Yield Discount Date V1/201 0/1/20 25000 3/1/21 01/21 3/1/22 9/1/22 3/1/23 0/1/23 Prepare al of the relevant toutal entries from the time of sale unti December 31, 2021. (15.me that no reversing entries were made (Round present value factor calculations to 5 decimal places, eg, 1.25124 and the final answers to o decimal places e.g. 58,971. If no entry is required select "Na Entry for the Count titles and arter for the amounts. Credit account titres are automatically indented when amount is marad. Do not inderat nully.) 12435 1451008 24398.74 Date Account Titl und Explanation 3/1/20 Cash Discount on Bond Psyatid Bonds Payabic 11/20 Interest Expense Discount an Bonda Payable Cash 112/31/20 Interest Expenses TinNyble Discountan Beriche Parys: 11/21 Trresten interest Payable Discount an Donds Payable T18540 02657 170065 27.05.76 19/1/21 2511.04 interest Expense Discount on Bonds Payable Cash 7104.68 18040 9/1,22 Interest Expense Discount on Banda Rayable 07:44.GA O' 1A040 T: 2026.67 1:27/21 interest Expense interest Poyable Discount on bonds Nayable 5048.21 E Your A P s partially correct. Try nyim. Stick Ca. will. s.385,000 of 12 borse un lune 1, 2020. The bon pun o n December 1 and 1. The cut of the di un 12024. Then yd On October 1, 2021, Sharrutk bu back $123,520 warth of the far $120,520 (incluch ex t ). Given though Prepare a bond amortization scheduc using the offective interest method for discount and premium amortizaton. Amortiza promium or discount on Interest dates and at year-end. (Round answers to decimal places, c.g. 38,549.) Schedule of Bond Discount Amortization effective-Interest Method Band Sold to Yield Interest Premium Carrying Amount of Date 1/20 12/1/20 6/1/21 12/1/21 6/1/22 12/1/22 6/1/23 12/1/23 - D rence due to round ng Prepare all of the relevant journal artists from the time of a ntil Dember 21, 2022. (Asume that versing untuk war maca) (Round pret value f or calculations to s ducim select "No Entry for the account titles and ter o for the amounts Credit account ties are automatically indented what amount is neved. Dometindent mavically.) place, wg. 1.25124 and the Date Account Titles and Exqlanation W1/20 Drunt on and Phy Donds Payable 12/1/20 Interest Berse Discount on Bonds Pays 12/11/ O'L cercator Danton Bonde Pay CASH 12/31/20 Interest Deense Interest Rayable Daunton and pas 01/21 Intret Interest Payable " U d'UOOOOOO Discount on Bonds Payes TCash 10/1/21 Interest D entran and Pey Turer interest Expens andrium HT 10/1/21terest Expense interest Payable D unt un anda ya [Turnerillany buck a bunt) 12/1/210 12/31/211 6/1/22 Question Attempte: Unlimited

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