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Reaming one hour 51 minutes 01 second. Question Completion Statu (4 coinsson January 1, 2018. Maher Company issued $800,000 of 10-year bonus for cash
Reaming one hour 51 minutes 01 second. Question Completion Statu (4 coinsson January 1, 2018. Maher Company issued $800,000 of 10-year bonus for cash proceeds with a abated rate of 14% per annum. The market rate is 12% per annum Unterwat Lald any on June 30 and December 31 Mar uses the effective interest method to amortire discours/premium. PV factor for 6% 7%6 1299 7416 a single sum 10 per 05580 0.5035 0.32107 0.26974 20 periods an ordinary annuity 10 p 0.31180 7.36004 20 periods 11.46992 0.25842 7.02358 10 59401 0.10387 5.65022 7.46944 0.07270 5.21612 6.62313 (a) Complete the below bond amortization table for June 30 and December 31, 2018 using the following formel. Round all your answers to the nearest dollar Date Cash Payment of interest Interest Expense Discount or Premium Amortization Discount or Premium Balance (b) What is the journal entry made by Muller on the date the bonds are issued? Bonds Payable (Carrying Value) Ignore the information above. Assume that Muller has outstanding bonds (other than the bonds issued on January 1, 2018). For these bonds, the following balances existed at September 30, 2021 (c) What is the journal entry made by Muller on June 30, 2018? 54 95 MacBook Air FS F6 16 & 87 7 18: DII FB 8 6
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