How much interest will Flamengo pay to the bondholders on December 31 2022?

Q: LA Fitness Company issued a $10,000,000, 5-year, 7% callable bond on January 1, 2018, when the…

A: In the given question neither the face value of bond , nor the issue price of bond is given.…

Q: On January 1, 2021, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable…

A: Date (A) Interest payment(B)7%* face value  interest expenses(C) carrying value*8% Amortisation…

Q: On July 01, 2019, SALUDO RAW SA'YO SI MAGELLAN SABI NI LOLA CO. received P1,032,880 for P1,000,000…

A: Solution: Interest expense for the six months ended December 31, 2019 = Issue price * 10% *6/12  =…

Q: On January 1, 2021, Splash City issues $390,000 of 7% bonds, due in 10 years, with interest payable…

A: The amortization schedule is prepared to record the interest payment, interest expense and carrying…

Q: On January 1, 2021, Surreal Manufacturing issued 540 bonds, each with a face value of $1,000, a…

A: Bond Amortization Schedule Period Ended Changes during the period Ending bond liability balances…

Q: Tano Company issues bonds with a par value of $91,000 on January 1, 2019. The bonds’ annual contract…

A: Bond Issued at Par:- When the company issued bonds at the face value of the security is known as the…

Q: On March 1, 2021, a company issued a four-year, P3,000,000 face value, 11% term bonds for…

A: The debtor firm must recognize the total interest cost in the year it was incurred under accrual…

Q: On January​ 1, 2018, Ling Services issued​ $168,000 of​ six-year, 12% bonds when the market interest…

A: >Bonds Payable are the source of finance for the companies.   >The bondholders are…

Q: NY Fitness Company issued $10,000,000, 5-year, 7% callable bond on January 1, 2018 when the market…

A: Bond: It is  the  loan paid  by an investor to a borrower. Bonds are used by companies. Interest is…

Q: On January 1, 2020, Marimar Company issued 10,000 of its 12%, P1,000 face value 5-year bonds at 105.…

A: Step 1: Introduction Carrying Value of Bond:  The carrying values of a bond represent the combined…

Q: On January 1, 2018, Surreal Manufacturing issued 550 bonds, each with a face value of $1,000, a…

A: An amortization bond schedule is that in which the yearly principal amount is reduced with the…

Q: On February I, 2019, Osborn pie sold 12% bonds having a maturity value of $800,000. The bond yields…

A: Since you have posted a question with multiple sub-parts, we will solve first three subparts…

Q: ed ten-year bonds with a face value of $5,000,000 and a stated interest rate of 6%, payable…

A: Bonds are priced by discounting future cash flows. Future cash flows include coupons and par value…

Q: On January 1, 2021, Flamengo Co. issued a four-year, $10,000, 7% bond. The interest is payable…

A: A bond is a financial debt security issued by large business organizations or governments. It is…

Q: On July 1, 2021, Glamorous Corporation issued 11% bonds in the face amount of P2,000,000 that mature…

A: Interest =  P2,000,000 × 11% = P220,000

Q: On January 1, 2021, Water Wonderland issues $20 million of 7% bonds, due in eight years, with…

A: Issue Price is the consideration amount received from investor in exchange of bonds in primary…

Q: On January 1, 2018, Global Sales issued $25,000 in bonds for $29,800. These are eight-year bonds…

A: Bonds are issued by a firm in order to raise fund. Bonds are purchased by investors and they get a…

Q: On January 1, 2020, Johny Industries issued ten-year bonds with a face value of $2,000,000 and a…

A: The bonds are the financial instruments for the business which are used to raise money from the…

Q: he Maple Company issued 5-year bonds on January 1, 2020. The debt has a face value of $400,000 and…

A: Price of bond is the sum of present value of future cash flows from the bond. Cash flows include…

Q: On January 1, 2021, Water Wonderland issues $20 million of 7% bonds, due in eight years, with…

A: Given: Face Value of Bonds = $20,000,000 Annual Coupon Rate = 7.00%Semiannual Coupon Rate =…

Q: On January 1, 2020, Kabond issued a 3-year bond with conversion feature, 9% P1,000,000 at par.…

A: Conversion feature P1000000 9% of P1000000 P90000 Rate per Year (90/3) P30000 Total value…

Q: On January 1, 2021, Callahan Auto issued $900,000 of 9%, 10-year bonds. Interest is payable…

A: Semiannual Stated interest rate=Annual rate2=9%2=4.5%

Q: On January 1, 2021, Surreal Manufacturing issued 570 bonds, each with a face value of $1,000, a…

A: 1. Period Changes during the period     Ending bond liability balances       Interest expense…

Q: On March 1, 2021, Baddour, Inc., issued 10% bonds, dated January 1, with a face amount of $160…

A: 1. Determine the amount(s) related to the bonds Baddour would report in its balance sheet at…

Q: Tano Company issues bonds with a par value of $87,000 on January 1, 2021. The bonds' annual contract…

A: Introduction: Bonds are issued to finance ongoing maintenance as well as infrastructure upgrades.…

Q: On January 1, 2018, Surreal Manufacturing issued 560 bonds, each with a face value of $1,000, a…

A: Cash Interest=Face Value×Interest rate=$560,000×3%=$16,800

Q: On January 1, 2019, Company C issues $200,000 of its 6% bonds which mature in 10 years. Interest is…

A: Determine the price of the bond:   Present value of principle amount ($200,000, 4%, 10 years)…

Q: On January 1, 2021, White Water issues $600,000 of 7% bonds, due in 10 years, with interest payable…

A: Bonds: Bonds are long-term promissory notes that are issued by a company while borrowing money from…

Q: On September 30, 2019, Stinky Bank issued 10-year bonds at an annual simple interest rate of 4.25%,…

A: Calculation of interest Pepe will earn every six months: Hence, Pepe will earn $212.5 every six…

Q: Date General Journal Debit Credit January 01, 2021

A: Bonds: Bonds are long-term promissory notes that are issued by a company while borrowing money from…

Q: On January 1,2020, ABC Corporation issued a 5-year, 10%, 1,000 of the P 5,000 face value bonds with…

A: Annual interest payment = Face value of the bonds x rate of interest x no. of months /12 =…

Q: On January 1, 2021, a firm issues bonds with a face amount of $1,500,000. The stated rate is 10%,…

A: Issuing bonds is one way for companies to raise money. A bond functions as a loan between an…

Q: On June 30, 2024, LN Bean issued $25 million of its 8% bonds for $23 million. The bonds were priced…

A: Interest expense is the amount of charge which is paid by the person who uses the funds. In this…

Q: On January 1, 2021, Surreal Manufacturing issued 540 bonds, each with a face value of $1,000, a…

A: Solution 1:             Period Changes during the period Ending bond liability balances Interest…

Q: Quatro Co. issues bonds dated January 1, 2019, with a par value of $880,000. The bonds' annual…

A: Answer 1:

Q: On January 1, 2021, Splash City issues $500,000 of 9% bonds, due in 20 years, with interest payable…

A: Given: Amount issued = $ 500,000 Rate of bond = 9 % Market interest rate = 10 % Amount of bond…

Q: Virginia Vista Company has 4%, 10-year bonds payable that mature on June 30, 2028. The bonds are…

A: Req-1   If the market interest rate is 2%, the bonds will be issued at Premium If the market…

Q: Spiller Corp. plans to issue 6%, 9-year, $550,000 par value bonds payable that pay interest…

A: Number of periods = 9*2 Number of periods = 18   Market rate = 4%/2 Market rate = 2%   Coupon rate =…

Q: On January 2, 2021, A Corporation offers to sell a P100,000 bond coming due in 10 years. The bond…

A: Answer -    The beginning carrying value of the bond is its purchase price of $80K. Calculation of…

Q: hat is the amount of the gain on the bond redemptio

A:

Q: on january 1, 2019, bay company issues bonds with a face value of $850,000 that pay 9% interest…

A:

Q: On January 1, 2021, Surreal Manufacturing issued 570 bonds, each with a face value of $1,000, a…

A:

Q: The Werner Company issued 10-year bonds on January 1, 2020. The debt has a face value of $800,000…

A: Bond value: Using the bond valuation, you may determine the potential fair value of a given bond by…

Q: On the first day of 2021, Blackberry issues $730 million of its 10% bonds for $666 million. The…

A: Part 1   Date  Particulars Amt(Dr)($) Amt(Cr)($)   Working    30-Jun Interest Expense A/c  Dr…

Q: On July 1, 2021, GIl Inc. received 103,288 for each 100,000 face value bonds, 12% bonds, a price…

A: Interest payable on December 31, 2021 = (Face value per bonds x no. of bonds) x rate of interest x…

Q: On January 1, 2021, Ithaca Corp. purchases Cortland Inc. bonds that have a face value of $210,000.…

A: 1. The journal entry to record the purchase of the bonds: Formulation:

Q: On January 2, 2021, A Corporation offers to sell a P100,000 bond coming due in 10 years. The bond…

A: Interest expense is calculated by taking the beginning period carrying value by the yield rate. In…