The present value of the interest is     $3006535.   $3174325.   $3224305.   $2955960.

Q: On January 1, 2011, Taguig Company issued 3-year bonds with face value of P5,000,000 at 99. The…

A:

Q: On January 1, 2020, Swifty Corporation issued eight-year bonds with a face value of $5910000 and a…

A: Half yearly rate=Annual rate2=6%2=3%Number of Half years=Total years×2=8×2=16 periods

Q: On January 1, 2016, Colt Co. issued ten-year bonds with a face amount of $1,000,000 and a stated…

A: Introduction: A bond is a fixed responsibility issued by corporations or government entities to pay…

Q: On January 1, 2017, Babb Trailers, Inc. issued $6,500,000 of par value bonds for $6,200,000. The…

A: Total discount on issue of bonds = Face value of bonds - Issue value = $6,500,000 - $6,200,000 =…

Q: On January 1, 2018, Parker Company issued bonds with a face value of $63,000, a stated rate of…

A: Amortization means decrease in the amount of debt over a period of time by paying some amount…

Q: On January 1, 2014, Ellison Co. issued eight-year bonds with a face value of $3,000,000 and a stated…

A: Present value of the principal = face value  of bonds x Present value of 1 for 16 periods

Q: $939,000 to yield 10%. Alquds uses the effective-interest method of amortizing bond discount.…

A: Un amortized bond discount ,7/1/ Year 1   Bond discount amortization ,7/1/ Year 1 to  6/30/Year3:…

Q: On January 1, 2016, Darnell Window and Pane issued $18 million of 10-year, zero-coupon bonds for…

A: 1.

Q: On March 1, 2014, Khaleesi Company issued 10-year P5,000,000 8% term bonds dated March 1, 2014 and…

A: Coupon Rate: Coupon interest rate are the rate of interest paid on the bonds. The coupon rate is…

Q: On January 1, 2016, Instaform, Inc., issued 10% bonds with a face amount of $50 million, dated…

A: Bond is an instrument which represent the amount of loan raised by the borrower from the lender. It…

Q: 1 On February 1 2016, Ellison Co. issued eight-year bonds with a face value of S10,000,000 and a…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: On January 1, 2017, Babb Trailers, Inc. issued $6,500,000 of par value bonds for $6,200,000. The…

A: Solution:- The amount of interest expense recognized by Babb Trailers, Inc. on the bond issue for…

Q: On January 1, 2015, ABC Co. issued 5-year bonds in the amount of $50, 000.  Interest of 4% is…

A: Bonds: Bonds are the financial debt instruments issued by the corporations to raise capital for the…

Q: Sylvestor Company issues 9%, five-year bonds, on December 31, 2016, with a par value of $180,000 and…

A: Given that, Par value of bonds issued = $180000 Interest is payable on June 30 and Dec 31. Rate of…

Q: On January 1, 2016, Gilberto Company purchased 9% bonds with a face amount of P4,000,000 for…

A: Interest Revenue = Carrying value of Bond x Market rate to yield interest  Note : Coupon rate is…

Q: On January 1, 2009, Delta Company issued its P10,000,000 face amount, 10% bonds to yield 8% per…

A: The carrying value of Bond Liability on January 1, 2009 will be the issue price of Bonds.    The…

Q: On January 1, 2016, Bonita Industries issued $4,000,000 of its 10% stated rate bonds for $4,475,661…

A: Extinguishment of debt  Liability is eradicated from company's balance sheet under extinguishment of…

Q: On January 1, 2018, Piper Co. issued ten-year bonds with a face value of $1,000,000 and a stated…

A: Bond- Bonds are debt securities issued by corporations, governments, or other organizations and sold…

Q: Myriad Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $320 million on…

A: Bond is a financial instrument to raise funds. The company issues bonds to raise an amount of money…

Q: On January 1, 2016, Blue Company issued ten-year bonds with a face value of P 1,000,000 and a stated…

A: Face Value of Bond  1000000 Duration 10 years Interest Rate 8% per year  Interest Payable…

Q: Shaw Company issued P5,000,000, 12% bonds on January 1, 2012. The principal of the bonds were paid…

A:

Q: On January 1, 2013, Aldrine Company issued 3 year bonds with face value of P5,000,000 at 99. The…

A: Interest expense is the cost of borrowing money that lender charges a borrower.

Q: On Jan. 1, 2018, UMPI, Inc. issued $600,000, of 10% bonds, due in 5 years. The bonds pay interest…

A: The question is based on the concept of Financial Accounting.

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: Please I want answer for this question of Multiple Choice

A: Bond issued on January 1, 2012 for 410,000 Face value is 450,000

Q: On January 1, 2018, Arabian Company purchased serial bonds with face amount of P3,000,000 and stated…

A: A bond is a debt instrument issued by large businesses and government organizations to raise debt…

Q: On January 1, 2021, LMN Company issued 10-year bonds with a face amount of P3,000,000 at a stated…

A: Issue price of the bonds = Present value of principal + Present value of interest payments where,…

Q: B. On January 1, 2016, Gibson Co. issued eight-year bonds with a face value of $20 0,000,000 and a…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: Ajax issued $2,500,000 in bonds on January 1, 2014 at a stated rate of 4% and a yield of 5%.…

A: Issue Price of the bonds = Present value of principal + Present value of interest payments = face…

Q: On February 1, 2016, Strauss-Lombardi issued 9% bonds, dated February 1, with a face amount of…

A: 1.

Q: On January 1, 2017, Ellison Co. issued eight-year bonds with a far value of S6,000,000 and a stated…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: On January 1, 2017, Satin Corp. issued eight-year, 6% bonds with a face value of $500,000, with…

A: Bonds refer to a financial security which is used by the borrowers to source required funds from a…

Q: On January 2, 2016, Concrete Master Construction, Inc. issued $500,000, 10-year bonds for $574,540.…

A: Bonds refer to the borrowing security that is issued by the company to raise finds from the market…

Q: On July 1, 2015, ARC Industries Corporation issued for cash $500,000 of 20%, 10 year bonds with…

A: Given,   July 1, 2015    20% Bond issued = $500000 Interest payable semi-annually @ January 1 &…

Q: On January 1, 2006, Carrow Company issued its 10% bonds in the face amount of P1,000,000 that mature…

A: Lets understand the basics. There are two method for amortizing bond premium/discount which are, (1)…

Q: On January 1 2017, Aumont Company sold 12% bonds having a maturity value of $500,000 for…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: On January 1, 2015, ABC Co. issued ten-year bonds with a face value of $1,000,000 and a stated…

A: Journal entries are the building blocks of accounting, which is the act of recording the economic…

Q: On January 1, 2012, One Company issued P5,000,000, 8% serial bonds, to be repaid in the amount of…

A: Solution: Serial bonds are the bonds that are structured in such a way that a portion of bond…

Q: On January 1, 2015, Loop Raceway issued 600 bonds, each with a face value of $1,000, a…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: On December 31, 2017, Dome Company issued P4,000,000, 8% serial bonds, to be repaid in the amount of…

A: Annual interest payment = face value of bonds x rate of interest x no. of months/12 = P4,000,000 x…

Q: On December 31, 2016, Interlink Communications issued 6% stated rate bonds with a face amount of…

A: Price of the bond is the present value of the cash outflow at the end of the term and the present…

Q: Hartford Research issues bonds dated January 1, 2015, that pay interest semiannually on June 30 and…

A: A bond is a fixed pay instrument issued to represents to an advance made by a financial specialist…