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Taco Trucks issued bonds on August 1, 2020. The bonds were $300,000, 30 year, 6%, interest payable semiannually on January 31 and July 31 each

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Taco Trucks issued bonds on August 1, 2020. The bonds were $300,000, 30 year, 6%, interest payable semiannually on January 31 and July 31 each year. The bonds were issued at 97 on August 1, 2020. The Paint Company's fiscal year ends on December 31. A. Which financial statement shows the balance of bonds outstanding? Also, identify the specific classified section of the financial statement where the balance of bonds outstanding will be found. (2 points) B. Were these bonds issued at a discount or a premium? (1 point) C. Given that the coupon differs from the market rate (yield) when bonds sell at a discount or a premium, the coupon must have been greater than or less than the market rate (yield) on August 1, 2020? (1 point) D. At what dollar amount were the bonds issued? (3 points) E. Record the journal entry to issue the bonds. (5 points) F. How much interest will be payable (or accrued) to the bond holders on December 31, 2020? (4 points) G. How much interest will be paid to the bond holders on January 31, 2021? (4 points)

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