Reference no: EM132612244
Question - Assume that in early January, 2016, a company issued Br. 250,000 of ten-year, 8% serial bonds, to be repaid in the amount of Br. 25,000 each year. Assume that interest payments are made annually. As to the yield rate, assume the following two cases:
Case 1: 6%
Case 2: 10%
Required -
1. Compute the proceeds received on the bonds under case 1.
2. Compute the amount of bond premium at the time of issuance under case 1.
3. Compute the proceeds received on the bonds under case 2.
4. Compute the amount of bond discount at the time of issuance under case 2.
5. Present the journal entry to record the issuance of the bonds under case 1.
6. Present the journal entry to record the issuance of the bonds under case 2.
7. Prepare premium amortization table for the serial bonds using the interest method.
8. Prepare premium amortization table for the serial bonds using the bonds outstanding method.
9. Prepare the discount amortization table for the serial bonds using the interest method.
10. Prepare discount amortization table for the serial bonds using the bonds outstanding method.
11. Present the journal entry to record the retirement of the first serial bond and the payment of the first interest.
a) Under case 1 using the interest method
b) Under case 1 using the bond outstanding method
c) Under case 2 using the interest method
d) Under case 2 using the bond outstanding method
|
How does compare to your energy and protein intake
: To support your work, use your course and text readings and use outside sources. As in all assignments, cite your sources in your work and provide references.
|
|
Explain the different areas of the health care industry
: Consider the following as you complete your research: Different areas of the health care industry, Potential growth in different areas of the health care.
|
|
Analyze costs and limitations of activity- based costing
: Activity Based Costing, Analyze for craving that outlines the benefits, costs and limitations of Activity- based costing for the case that is in the picture
|
|
How the concept of assertions interact
: Provide any website links or references to describe how the concept of assertions interact with the concept of materiality in auditing?
|
|
Compute the proceeds received on the bonds under case
: Assume that in early January, 2016, a company issued Br. 250,000 of ten-year, 8% serial bonds, Compute the proceeds received on the bonds under case
|
|
Why salmonella pullorum cause excessive number of deaths
: Why salmonella pullorum cause excessive number of deaths in shell chick's and death immediately after hatching?
|
|
What alone the company would show
: During this year, the company made 5000 units of product and sold 2,500 unit of products. Based on this information alone the company would show?
|
|
What other factors paibec consider before making a decision
: On the basis of the financial information Hardt has obtained, should Paibec make MTR-2000 or buy it in 2020? Show your calculations.
|
|
What is meant by the term sub-optimization
: In the context of performance measures, what is meant by the term "sub-optimization', and under what circumstances does sub-optimization occur?
|