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what are the correct answers for the boxes i do not understand? on January1, 20197 How much cash will Halbach Corporation pay back at maturity?
what are the correct answers for the boxes i do not understand?
on January1, 20197 How much cash will Halbach Corporation pay back at maturity? i Reference Premium Account Semiannual Interest Bond Carrying Interest Premium Interest Date Payment Expense Amortization Balance Amount Jan 1, 2019 114,460 814,460 16,289 Jun 30, 2019 21,000 4,711 109,749 809,749 Dec 31, 2019 21,000 16,195 4,805 104,944 804,944 Jun 30, 2020 21,000 16,099 4,901 800,043 100,043 Print Done e edit fields and then continue to the next question. e This Question: 2 pis Halbach Corporation issued $700,000 of 6% , 10-year bonds payable on January 1, 2019 The market interest rate at the date of issuance was 4 %, and the bonds pay interest semiannually (on June 30 and December 31) Halbach Corporation's year-end is June 30. Halbach prepared an effective-interest amortization table for the bonds through the first three interest payments as follows Click the icon to view the amortization schedule.) Read the tequirements 1. How much cash did Halbach Corporation borrow on January 1, 2019? How much cash will Halbach Corporation pay back at maturity? at maturity Halbach borrowed S on January 1, 2019. The company will pay back $ 2. How much cash interest will Halbach Corporation pay each six months? cash interest each six months Halbach will pay S 3. How much interest expense will Halbach Corporation report on June 30, 2019, and on December 31, 2019? Does the amount of interest expense increase or decrease each peniod? Why? of interest expense for the six months ending June 30, 2019 of interest expense for the six months ending December 31, 2019 Halbach will report S Halbach will roport S Does the amount of interest expense increase or decrease each period? Why? over time and interost expense is based each peniod because the carying value of the bonds The amount of interest expense on the value of the bonds Enter any number in the edit flelds and then continue to the next Step by Step Solution
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