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SERE Bond Act entre for bonds payable transactions Chart of Account Journal Final reations Only Card.00.00 10w, benchmaker (fective) est ute of 11%, receiving cash

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SERE Bond Act entre for bonds payable transactions Chart of Account Journal Final reations Only Card.00.00 10w, benchmaker (fective) est ute of 11%, receiving cash of 942,000.251 interest on the bonds payable smiannually on December 31 and June 30 the course Required 2. miesto tumals the story to mond te smurt orosh procedi Rom the owner of the bonds on w 2001 speed on December 1, 2014 and the month of the band discount ng hustine method The most ene 24 2017, we w wonivusion of the bond discount cong the straight the method. Round to the nearest Demeter 2011 + Word procedente face amount of the bond when the contract rate is less than the market rate of rear CoolSt236,2 med bar the bands by using the presentables Rowd to the neare dow) chat forest wording of accounts 2 Chart of Accounts Journal Final Questions Instruction Present Value Tables Two present value tables are provided. Present Value of 31 at Compound Interest Du inn Perods and Present Value of Ordinary Annuty of 51 per Period. Use them as directed in the problem requirements Periods 6.5 1 2 3 4 5 8 7 Present Value of $1 at Compound interest Due in n Periodis 40% 45% 5% 5.5% 69 79 0.00154 0.00004 0.95238 0.94787 0.94340 0.03897 0.03450 0.92456 0.01573 0.80703 0.89846 0.80000 0.88108 0.87344 0.81900 0.87630 0.80384 0.85101 0.839020.82785 081630 0.85480 0.83850 0.82270 0.80722 0.79200 0.77732 0.78290 0.82103 080245 0.78353 078513 0.74728 0.72938 0.71200 0.70031 0.76700 074622 0.72525 0.70400 066533 0.00034 0.75992 073483 0.71050 0.00744 0.00000 0.04351 0.02275 0.73009 0.70319 0.87834 0.85100 0.62741 0.00423 0.58201 0.70250 067200 0.84431 0.81783 050100 0.56735 0.54303 0.67656 0.64392 0.61301 0.68543 055830 0.53273 0.60835 0.64050 0.61620 0.53480 0.85401 0.52070 0.00021 0.47509 0.62480 0.50000 0.66684 0.62500 0.4000 0.46986 044401 0.00057 0.60427 0.53032 0.40130 0:45084 0:44100 0.41400 0.57743 0 33007 0.60507 0.47257 0.44230 0.41410 0.38782 0.55520 0.51072 0.48102 0.44703 0:41727 0.3383 0.50245 0.53301 0.49447 045811 0.424500.000 0.36610033072 0 10 11 12 13 14 16 18 heck My Work Chart of Accounts Journal Final Questions 7% 0.93458 1.80802 2.62432 3.38721 4.10020 4.76654 Instructions Present Value Tables Present Value of Ordinary Annuity of $1 per Period Periods 4.0% 4.5% 5% 5.5% 6% 6.5% 1 0.90154 0.95804 0.95238 0.94787 0.94340 0.93897 2 1.88500 1.87267 1.85041 1.84832 1.83339 1.82003 3 2.77500 2.74893 2.72325 2.60793 287301 284848 4 3.62900 3.58753 3.54595 3.50515 3.46511 3.42580 5 4.45182 4.38908 4.32948 4.27028 421236 4. 15588 5.24214 5.15787 5.07509 4.00553 4.91732 484101 7 8.00205 5.89270 5.78037 5.08297 5.58238 5.48452 8 6.73274 0.59580 8.48321 6.33457 8.20070 0.08875 7.43533 7.26879 7.10782 696220 8.80100 0.05010 10 8.11090 7.91272 7.72173 7.53783 7.36000 7.18883 11 8.76048 8.52802 8.30641 8.00254 788987 7.68904 12 9.38507 9.11858 8.88325 8.81852 8.38384 815873 13 9,08583 9.68285 939367 9.11708 886208 8.59974 14 10.50312 10 22283 80864 958085 929408 9.01884 15 11.11830 10.73955 10.37968 10.03758 071226 9.40267 11.06230 11 23402 10.83777 10.46218 10.10500 9.70770 17 12.10607 11.70710 1127407 10.88481 10.47720 10.11058 18 12.65030 12.18000 11.88969 11 24807 10.82700 10.43247 10 13.13304 12 59329 12.03632 11.50765 11 15812 10.73471 5.38020 5.97130 6.51523 7.02358 7.49867 7.04260 8.35765 8.74547 9.10791 9.44865 9.76322 10.05009 10.33580 Instructions Present Value Tables Chart of Accounts CHART OF ACCOUNTS Danzer Industries Inc. & General Ledger REVENUE ASSETS 410 Sales 610 Interest Revenue 611 Gain on Redemption of Bonds 110 Cash 111 Petty Cash 121 Accounts Receivable 122 Allowance for Doubtful Accounts 126 Interest Receivable 127 Notes Receivable 131 Merchandise inventory LLORA CRA EXPENSES 510 Cost of Merchandise Sold 516 Credit Card Expense SIA CHERO 10.10590 10 4820 9.78778 18 0.44686 11.85230 12.10587 1011058 17 11 23402 11.70710 12.15090 12 59329 10.83777 11 27407 11 88969 12.08832 10.47728 10.82760 19 10 8646 11 24007 11 80788 12.65930 13.13304 10.43247 9.7832 10.05900 10.33580 19 11.18812 2073471 Check My Work Journal 1. Joumate the entry to record the amount of cash proceeds from the stance of the bonds on July 2011 2 Journalize the entry to record the first semiannual interest payment on December 31, 2014 and the amortization of the bond discount, using the straight line method. Round to the nearest dollar) Refer to the Chart of Acounts for exact wording of account the All transactions on this page must be entered (except for potrefil before you will receive check my work fredback PAGE 1 JOURNAL sco 395 ACCOUNTINO EQUATION CHE AUCTS LAUTE COT DATE DIPO 1 Cash Discount on Bonds Payable Bonds Payable 42.960258.00 533174200 47300,000.00 CheckMy Work eBook Show Me How Ilond discount, entries for bonds payable transactions en Valon cogunta Journal Final Question Instructions Present Value Tables Chart of Accounts Journal 25. Jumalize the entry to record the interest payment on June 30, 2012, and the amortization of the hond discount using the the method Refer to the Chart of Accounts for eact woring account thes. How Question not attempted HOE 10 JOURNAL Score: 0/3 ACCOUNTINO EQUATION DO DET SES POSTA DOSCOW CROT LUES De Bonde Payable contestace value Any difference in ce in a premium or Oeck My Work Final Questions Shaded cels have feedback exa 3. Determine the total interest expense for 2071. Enter amount as a positive number. S Points 071 4. Ww the bond proceeds always be less than the face amount of the bonds when the contract role is less than the market rate of interest? Yes O No Points 1/1 3. Compute the price of $42969 238 received for the bonds by using the tables shown in Present Valve Tables (Round to the nearest dollar) Check My Work Bonds Payable is always recorded at tace value. Any difference in sve price is reflected in a premium or discount account Seck My Work All work saved discount entries for bonds payable transactions Journal Final Questions Structions esent Value Tables Chart of Accounts ournal Final Questions Shaded cells have feedback 5. Compute the price of 542 968,258 received for the bonds by using the tables shown in Present Value Tables (Round to the nearest dollar) Present value of the face amount $ Present value of the semiannual interest payments $ Price received for the bonds Points 013 Feedback Check My Work Calculate the present value of the face amount of the bonds by using the the Present Value of $1 table Calculate the present value of the semiannual interest Check My Work Bonds Payable is always recorded at face value. Any difference in issue price is reflected in a premium or discount account Check My Work

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