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Requirements Use the PV function in Excel to calculate the issue price of the bonds. Prepare an effective-interest method amortization table for the first four

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Requirements Use the PV function in Excel to calculate the issue price of the bonds. Prepare an effective-interest method amortization table for the first four semiannual interest periods. Journalize the following transactions: a. Issuance of the bonds on December 31, 2018. Credit Convertible Bonds Payable. b. Payment of interest and amortization of the bond discount on June 30, 2019. c. Payment of interest and amortization of the bond discount on December 31, 2019. d. Conversion by the bondholders on July 1, 2020, of bonds with a total face value of $1,400,000 into 50,000 shares of Rugaboo's $1-par common stock. Show how Rugaboo would report the remaining bonds payable on its balance sheet at December 31, 2020. 4. Bu Print Done 10 y convertible bonds payable with a face value of $3.500.000. The semina rest dates are June 30 and December 31. The mainstre 2. Rugate amonize On December 31, 2018 Rugbon Corporation is bond discounts using the elective- rest method Read the Requirement. Use PV function in to call these price of the bonds Round your answer to the nearest whole dollar) The price of the borde Requirement 2. Prepare an active sto marion for the first four manual or periods Round your answers to the Rugabee Corporation Amortization Table Discount Discount Account Bond Carrying interest Expense Amortion Balance Interest Payment Semiannual Interest Date 12-31 2018 6-30-2019 12-31-2010 8-30-2000 13-31200 Requirement Jumal the following transactions Record debits first the credits Exclude explanations from all oumaltres) Record the issuance of the bonds on December 31, 2018 Credit Corvette Bonds Payable Round your answers to the nearest whole dollar) Requirement 3. Journalize the following transactions. (Record debits first, then credits. Exclude explanations from all journal entries.) a. Record the issuance of the bonds on December 31, 2018. Credit Conver le Bonds Payable. (Round your answers to the nearest whole dollar) Journal Entry Date Accounts bit Credit 2018 Dec 31 b. Record the payment of interest and amortization of the bonds on June 30, 2019. (Round your answers to the nearest whole dollar) Journal Entry Accounts Debit Credit Date 2019 Jun 30 c. Record the payment of interest and amortization of the bonds on December 31, 2019. (Round your answers to the nearest whole dollar.) Choose from any list or enter any number in the input fields and then continue to the next question. of $3.500.000 The minu dates were 30 and December 31. The market interest rates 12%. Rugaboo mortires On December 31, 2018 Rugaboo Corporation issues 7%. 10 your convertible bonds payable with a face bond discounts using the effective interest method. Read the Journal Entry Accounts Date Debit Credit Dec 31 d. Record the conversion by the bondholders on July 1, 2020, of bonds with a totalace value of $1 400 000 50 000 shares of Rugaboo's St. Common stock found your answer Journal Entry Accounts Debit Credit Date 2020 balance sheet December 31, 2000. Calculate the discount by multiplying the discount calculated in the original Requirement show how Rugaboo would report the remaining bonds payable on remaining Round your answer to the nearest whole dolar) Rugaboo Corporation Choose from any list or entrar number in the input fields and then continue to the next question the discount by multiplying the discount calculated in the organ ization table by the fraction of bonds Requirement 4. Show how Rugaboo would report the remaining bonds payable on its balance sheet December 31, 2020, remaining Round your answers to the nearest whole dar) Rugaboo Corporation Partia Balance Sheet Dabar 312020 in inot Gods and then continue to the next question Requirements Use the PV function in Excel to calculate the issue price of the bonds. Prepare an effective-interest method amortization table for the first four semiannual interest periods. Journalize the following transactions: a. Issuance of the bonds on December 31, 2018. Credit Convertible Bonds Payable. b. Payment of interest and amortization of the bond discount on June 30, 2019. c. Payment of interest and amortization of the bond discount on December 31, 2019. d. Conversion by the bondholders on July 1, 2020, of bonds with a total face value of $1,400,000 into 50,000 shares of Rugaboo's $1-par common stock. Show how Rugaboo would report the remaining bonds payable on its balance sheet at December 31, 2020. 4. Bu Print Done 10 y convertible bonds payable with a face value of $3.500.000. The semina rest dates are June 30 and December 31. The mainstre 2. Rugate amonize On December 31, 2018 Rugbon Corporation is bond discounts using the elective- rest method Read the Requirement. Use PV function in to call these price of the bonds Round your answer to the nearest whole dollar) The price of the borde Requirement 2. Prepare an active sto marion for the first four manual or periods Round your answers to the Rugabee Corporation Amortization Table Discount Discount Account Bond Carrying interest Expense Amortion Balance Interest Payment Semiannual Interest Date 12-31 2018 6-30-2019 12-31-2010 8-30-2000 13-31200 Requirement Jumal the following transactions Record debits first the credits Exclude explanations from all oumaltres) Record the issuance of the bonds on December 31, 2018 Credit Corvette Bonds Payable Round your answers to the nearest whole dollar) Requirement 3. Journalize the following transactions. (Record debits first, then credits. Exclude explanations from all journal entries.) a. Record the issuance of the bonds on December 31, 2018. Credit Conver le Bonds Payable. (Round your answers to the nearest whole dollar) Journal Entry Date Accounts bit Credit 2018 Dec 31 b. Record the payment of interest and amortization of the bonds on June 30, 2019. (Round your answers to the nearest whole dollar) Journal Entry Accounts Debit Credit Date 2019 Jun 30 c. Record the payment of interest and amortization of the bonds on December 31, 2019. (Round your answers to the nearest whole dollar.) Choose from any list or enter any number in the input fields and then continue to the next question. of $3.500.000 The minu dates were 30 and December 31. The market interest rates 12%. Rugaboo mortires On December 31, 2018 Rugaboo Corporation issues 7%. 10 your convertible bonds payable with a face bond discounts using the effective interest method. Read the Journal Entry Accounts Date Debit Credit Dec 31 d. Record the conversion by the bondholders on July 1, 2020, of bonds with a totalace value of $1 400 000 50 000 shares of Rugaboo's St. Common stock found your answer Journal Entry Accounts Debit Credit Date 2020 balance sheet December 31, 2000. Calculate the discount by multiplying the discount calculated in the original Requirement show how Rugaboo would report the remaining bonds payable on remaining Round your answer to the nearest whole dolar) Rugaboo Corporation Choose from any list or entrar number in the input fields and then continue to the next question the discount by multiplying the discount calculated in the organ ization table by the fraction of bonds Requirement 4. Show how Rugaboo would report the remaining bonds payable on its balance sheet December 31, 2020, remaining Round your answers to the nearest whole dar) Rugaboo Corporation Partia Balance Sheet Dabar 312020 in inot Gods and then continue to the next

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