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Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2008. Maturity amount and date: $250,000

Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds:

Date of bonds: January 1, 2008.
Maturity amount and date: $250,000 due in 12 years (December 31, 2017).
Interest: 11 percent per year payable each December 31.
Date issued: January 1, 2008.

Required:

Provide the following amounts to be reported on the January 1, 2008, financial statements immediately after the bonds are issued: (Leave no cells blank - be certain to enter "0" wherever required. Input all amounts as positive values. Omit the "$" sign in your response.)

Case A (issued at 100) Case B (issued at 95.2) Case C (issued at 102.4)
a. Bonds payable $ $ $
b. Unamortized premium or discount
c. Unpaid bond liability

$

$

$

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