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the first three photos are blurry so i reuploaded them. the second three are the problem Transactions for Bond Held-to-Maturity) Investments Rokya Mart Inc. is
the first three photos are blurry so i reuploaded them.
Transactions for Bond Held-to-Maturity) Investments Rokya Mart Inc. is a general merchandise retail company that began operations on January 1, 2075. The following are bond (held-to-maturity) transactions by Rektya Murt Inc., which has a fiscal year ending on December 31 2015 Apr 1 Purchased $84,000 of Smoke Bay 4, 10-year bonds at their face amount plus accrued interest of $900. The bonds pay interest semiannually on February 1 and August 1. May 16 Purchased $100,000 of Geotherma Co.64, 12-year bonds at their face amount plus accrued interest of $250. The bonds pay interest semiannually on May 1 and November 1 Received semiannual interest on the Smoke Bay bonds Sept. 1 Sold 533,600 of Smoke Bay bonds at 103 plus accredinterest of 5196 Nov. 1 Received semiannual interest on the Geotherma cobonds Dec. 31 Accrued interest on the Smoke Bay bonds Dec. 31 Accrued interest on the Geotherma Cobonds 2016 Received semiannual interest on the Smokey bonds May 1 Received semiannual interest on the Geotherma Co. bonds Required 1. Journal the entries to record these transactions. If an amount box does not require an entry wave bank. Do not round your intermediate calculations and round finalwers to the nearest dular. Use the nearest whole month for the interest period Date Description Debi Credit 2015 1. Journalize the entries to record these transactions. If an amount box does not require an entry, leave it blank. Do not round your intermediate calculations and round final answers to the nearest dollar. Use the nearest whole month for the interest period. Date Description Debit Credit 2015 Apr. 1. May 16, Aug. 1 Sept. 2. I HII Nov. 1. ssignment Bock Show Me How Calculator Nov. 1. Dec. 31 Smoke Bay Dec. 31 Geotherma co 2016 Feb. 1. May 1 2. If the bond portfolio is classified as a for sale, what would have on franca Matement sur If the bonds are classified as avaie-for-sale sectes, then the portfolio of bonds would need to beated to account This weered by using a valuation and account and Transactions for Bond (Held-to-Maturity) Investments Rekya Mort Inc. is a general merchandise retail company that began operations on January 1, 2075. The following are bond (held-to-maturity) transactions by Rekya Mart Inc., which has a fiscal year ending on December 31: 2015 Apr. 1. May 16 Aug. 1. Purchased $84,000 of Smoke Bay 7%, 10-year bonds at their face amount plus accrued interest of $980. The bonds pay interest semiannually on February 1 and August 1. Purchased $100,000 of Geotherma Co. 6%, 12-year bonds at their face amount plus accrued interest of $250. The bonds pay interest semiannually on May 1 and November 1. Received semiannual interest on the Smoke Bay bonds. Sold $33,600 of Smoke Bay bonds at 103 plus accrued interest of $195. Received semiannual interest on the Geotherma Cobonds. Accrued interest on the Smokey bonds. Accrued interest on the Geotherma Co. bonds Sept. 1 Nov. 1 Dec. 31 Dec. 31 2015 Feb. 1 Received semiannual interest on the Smoke Bay bonds May 1 Received semiannual interest on the Geotherma Co, bonds Required 1. Joumalize the entries to record these transactions. If an amount box does not require an entry, leave it blank. Do not round your intermediate calculations and round final answers to the nearest dollar. Use the nearest whole month for the interest period. Date Description Debit Credit 2015 1. Journalize the entries to record these transactions. If an amount box does not require an entry, leave it blank. Do not round your intermediate calculations and round final answers to the nearest dollar, Use the nearest whole month for the interest period. Date Description Debit Credit 2015 |Apr. 1. May 16. Aug 1 III III III III I III III III III I Sept. 1 No. 1 Now, 1. Dec. 31 Smoke Bay Dec. 31 Geotherma co 2016 Feb. 1. May 1 2. If the bond portfolio is assified as available for sale, what impact would this have on financial statement disclosure? of the bonds are classified as available for sale securities, then the portfolio of bonds would need to be adjusted to account . This would be recorded by using a valuation allowance account and the second three are the problem
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