WP FMGT 2100 - Chapter 15 Homew X A Player X C WF IMGI 2100 - Chapter 17 Hom x + X NWP Assessment Player UI Appli X C & https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=058b2405-677d-4536-bf58-bdc1dc34eadf#/question/1 Not syncing - FMGT 2100 - Chapter 15 Homework Question 2 of 5 - 11 8 Prepare an effective interest amortization table for this bond. (Round answers to O decimal places, e.g. 5,276.) Pharoah CORP. Bond Discount Amortization Table Effective Interest Method-Annual Interest Payments Date Interest Payment Interest Expense Discount Amortization Bond Amor May 1 , $ $ $ $ 2021 May 1, 2022 May 1, 2023 May 1, 2024 May 1, 2025 May 1, 2026 e Textbook and Media List of Accounts 11:39 O J ENG O 8/7/2021WP FMGT 2100 - Chapter 15 Homew X NWP Assessment Player UI Appli X A Player X C WF IMGI 2100 - Chapter 17 Hom x + X C & https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=058b2405-677d-4536-bf58-bdc1dc34eadf#/question/1 Not syncing - FMGT 2100 - Chapter 15 Homework Question 2 of 5 - 11 5 Record the accrual of interest at April 30, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 5,276.) Date Account Titles and Explanation Debit Credit Apr. 30 Interest Expense Bonds Payable Interest Payable (To accrue interest expense.) e Textbook and Media List of Accounts Record the interest payment on May 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Date Account Titles and Explanation Debit Credit May 1 Cash Interest Payable OneDrive (To record interest payment.) OneDrive . e Textbook and Media O ( " ) I ENG 11:39 8/7/2021 56WP FMGT 2100 - Chapter 15 Homew X NWP Assessment Player UI Appli X A Player X C WF IMGI 2100 - Chapter 17 Hom x + X C & https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=058b2405-677d-4536-bf58-bdc1dc34eadf#/question/1 Not syncing - FMGT 2100 - Chapter 15 Homework Question 2 of 5 - 11 8 Cash (To record interest payment.) eTextbook and Media List of Accounts Assume that on May 1, 2022, after payment of the interest, Pharoah redeems all of the bonds at 105. Record the redemption of the bonds. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Round answers to O decimal places, e.g. 5,276.) Date Account Titles and Explanation Debit Credit May 1 Bonds Payable Loss on Bond Redemption Cash (To record redemption of bonds.) e Textbook and Media List of Accounts Save for Later Last saved 1 hour ago. Attempts: 0 of 3 used Submit Answer 11:39 O I ENG 8/7/2021 56WP FMGT 2100 - Chapter 15 Homew X NWP Assessment Player UI Appli X A Player X C WF IMGI 2100 - Chapter 17 Hom x + X C & https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=058b2405-677d-4536-bf58-bdc1dc34eadf#/question/1 Not syncing - FMGT 2100 - Chapter 15 Homework Question 2 of 5 - 11 5 View Policies Current Attempt in Progress On May 1, 2021, Pharoah Corp. issued $860,000 of 5-year, 6% bonds at 99. The bonds pay interest annually on May 1. Pharoah's year end is April 30. Record the issue of the bonds on May 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit May 1 Cash 8514000 Bonds Payable 851400 eTextbook and Media List of Accounts Calculate the effective rate of the bonds using Excel or a financial calculator. (Round answer to 4 decimal places, e.g. 1.5751.) Effective rate % eTextbook and Media List of Accounts 11:39 O O I ENG 8/7/2021
