subject
Business, 01.12.2021 03:20 gabrielrivasgom

Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3] Marshalls Corporation completed a $590,000, 8 percent bond issue on January 1, 2018. The bonds pay interest each December 31 and mature 10 years from January 1, 2018.
Required:
For each of the three independent cases that follow, provide the following amounts to be reported on the January 1, 2018, financial statements immediately after the bonds were issued: (Deductions should be indicated by a minus sign.)
Case A Case B (at 95) Case C January 1, 2018-Financial statements (lssued at 100)
a. Bonds Payable
b. Unamortized Premium (or discount)
c. Carrying Value at 105)

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 08:00
Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit
Answers: 2
question
Business, 22.06.2019 08:20
Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above
Answers: 2
question
Business, 22.06.2019 11:50
Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points
Answers: 2
question
Business, 22.06.2019 14:00
Which of the following would be an accurate statement about achieving a balanced budget
Answers: 1
You know the right answer?
Comparing Bonds Issued at Par, Discount, and Premium [LO 10-3] Marshalls Corporation completed a $...
Questions
question
Health, 07.10.2021 05:50
question
SAT, 07.10.2021 05:50