subject
Business, 30.11.2021 23:40 msjuly723

On January 1, 2021, Tennessee Harvester Corporation issued debenture bonds that pay interest semiannually on June 30 and December 31. Portions of the bond amortization schedule appear below: Payment Cash Payment Effective Interest Increase in Balance Outstanding Balance 6,496,785 1 243,000 259,871 16,871 6,513,656 2 243,000 260,546 17,546 6,531,202 3 243,000 261,248 18,248 6,549,450 4 243,000 261,978 18,978 6,568,428 5 243,000 262,737 19,737 6,588,165 6 243,000 263,527 20,527 6,608,692 ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ 38 243,000 315,009 72,009 7,947,224 39 243,000 317,889 74,889 8,022,113 40 243,000 320,887 77,887 8,100,000 Required: 1. What is the face amount of the bonds

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 22:40
Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000
Answers: 3
question
Business, 22.06.2019 23:30
Which external factor has enabled addition of special effects in advertisements and tracking of responses of customers over websites?
Answers: 3
question
Business, 23.06.2019 01:30
Why would adjusting the money supply be expected to increase economic growth during a recession? a) increasing the money supply will encourage more saving. b) increased money supply will encourage more spending and investment. co) decreased money supply will encourage more spending and investment. d) recession is caused by too much
Answers: 3
question
Business, 23.06.2019 02:00
Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.
Answers: 2
You know the right answer?
On January 1, 2021, Tennessee Harvester Corporation issued debenture bonds that pay interest semiann...
Questions
question
Mathematics, 25.03.2021 05:10
question
Mathematics, 25.03.2021 05:10
question
Mathematics, 25.03.2021 05:10
question
Mathematics, 25.03.2021 05:10
question
Mathematics, 25.03.2021 05:10
question
English, 25.03.2021 05:10
question
English, 25.03.2021 05:10