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q2 please provide the complete computation thank you! Question 2 2 pts On July 1, 2020, an entity issued for P1,835,480, P2,000,000 face amount of
q2 please provide the complete computation thank you!
Question 2 2 pts On July 1, 2020, an entity issued for P1,835,480, P2,000,000 face amount of its 10%, P1,000 bonds. The bonds were issued to yield 12%. The bonds are dated July 1, 2020 and mature on July 1, 2026. Interest is payable annually on July 1. The entity uses effective interest method to amortize bond discount. Determine the balance of the bonds payable presented in the December 31, 2021 statement of financial position. O 1,855,738 O 1,878.427 O 2.000.000 01.867,083
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