(d) At 30 June 2002 a company had Klm 8% loan notes in issue, interest being paid half-yearly on 30 June and 31 December.On 30 September 2002 the company redeemed K250, 000 of these loan notes at par, payinginterest due to that date.On 1 April 2003 the company issued K500, 000 7% loan notes, interest payable half-yearlyon 31 March and 30 September.Calculate the figure should appear in the company's statement of comprehensive income forinterest payable in the year ended 30 June 2003?

Statement of comprehensive income The statement of comprehensive income includes revenue and…

(d) At 30 June 2002 a company had Klm 8% loan notes in issue, inter yearly on 30 June and 31 December. 30 September 2002 the company redeemed K250, 000 of these loan no erest due to that date. 1 April 2003 the company issued K500, 000 7% loan notes, interest pa 31 March and 30 September. Iculate the figure should appear in the company's statement of compreh erest pavable in the vear ended 30 June 20032

(d) At 30 June 2002 a company had Klm 8% loan notes in issue, inter yearly on 30 June and 31 December. 30 September 2002 the company redeemed K250, 000 of these loan no erest due to that date. 1 April 2003 the company issued K500, 000 7% loan notes, interest pa 31 March and 30 September. Iculate the figure should appear in the company's statement of compreh erest pavable in the vear ended 30 June 20032

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter13: Long-term Liabilities

Section: Chapter Questions

Problem 1PB: Sub-Cinema Inc. borrowed $10,000 on Jan. 1 and will repay the loan with 12 equal payments made at...

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