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The amount is 5,000,000 - Requirements 1. 2. 3. Di Use the PV function in Excel to calculate the issue price of the bonds. Prepare
The amount is 5,000,000
- Requirements 1. 2. 3. Di 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, 2021. Credit Convertible Bonds Payable. b. Payment of interest and amortization of the bond discount on June 30, 2022 c. Payment of interest and amortization of the bond discount on December 31, 2022 d. Conversion by the bondholders on July 1, 2023, of bonds with a total face value of $2,000,000 into 40,000 shares of Mugaboo's $1-par common stock Show how Mugaboo would report the remaining bonds payable on its balance sheet at December 31, 2023. 4. de Print Done Cred On December 2011 MOON 19-wowowth of 200000.0 Date De words.core.wo Requirement. U PV con the band your who The metten Resowat 2. Proceed to le for the fun you wewe Mug Corporation Amor The mi Dit CA Bandar site Am Payment 12313023 6-36-2022 1-31-2022 6-30-2003 EN OUT) Requirements out the wing and Recorder om Record on Dec.2021 woorde wat Journal Owe Account D 2011 De 31 Record the prest and motion of the bonds on une 0,2002: Road to the whole da Journal Entry Date Account De Cred 2022 -30 contando con December 2002 and your Accounts Daba Cred Date 2023 Dec 31 the conversion by the bonhy 12021, of bonds with 12.000.000 40.0 Mg Com OK Journal Entry Date Account Cr 2023 Requirement. Snow how come mai bine combate Mboo Corporation Partice Sht Dec 2013 Loo On December 31, 2021, Mugaboo Corporation issues 6%, 10-year convertible bonds payable with a face value of 5.000.000. The series dates are under the interest rate is 10% Mugaboo amorties bond discounts using the effective interest method Read the moments Requirement 1.0 TPV Anction in Excel to calculate the inne price of the tonda, tound your answer to the real wholesar) These pace of the tronde Requirement 2. Prepare an effectivendres metod mortation table for the first four emanal interest period (Round you www.eart whole ole Mugaboo Corporation Amortization Table Semiannual interest Discount Decount Account Bond Carrying Interest Date Payment Interest Expenso An Balance Amount 12-31.2021 Step by Step Solution
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