Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity:Increase inCarryingCarryingInterestValueCash PaidValueDateExpense01/01/2021$246,80306/30/2021$10,400$12,340$1,940248,74312/31/202110,40012,4372,037250,78006/30/202210,40012,5392,139252,91912/31/202210,40012,6462,246255,16506/30/202310,400257,52312,7582,35812/31/202310,40012,877260,0002,477THA issued the bonds for:Multiple Choice$260,000.$246,803.$322,400 THA issued the bonds for:Multiple Choice$260,000$246,803.$322,400Cannot be determined from the given information.

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Asked Oct 16, 2019
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Q7

Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity:
Increase in
Carrying
Carrying
Interest
Value
Cash Paid
Value
Date
Expense
01/01/2021
$246,803
06/30/2021
$10,400
$12,340
$1,940
248,743
12/31/2021
10,400
12,437
2,037
250,780
06/30/2022
10,400
12,539
2,139
252,919
12/31/2022
10,400
12,646
2,246
255,165
06/30/2023
10,400
257,523
12,758
2,358
12/31/2023
10,400
12,877
260,000
2,477
THA issued the bonds for:
Multiple Choice
$260,000.
$246,803.
$322,400
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Tony Hawk's Adventure (THA) issued callable bonds on January 1, 2021. THA's accountant has projected the following amortization schedule from issuance until maturity: Increase in Carrying Carrying Interest Value Cash Paid Value Date Expense 01/01/2021 $246,803 06/30/2021 $10,400 $12,340 $1,940 248,743 12/31/2021 10,400 12,437 2,037 250,780 06/30/2022 10,400 12,539 2,139 252,919 12/31/2022 10,400 12,646 2,246 255,165 06/30/2023 10,400 257,523 12,758 2,358 12/31/2023 10,400 12,877 260,000 2,477 THA issued the bonds for: Multiple Choice $260,000. $246,803. $322,400

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THA issued the bonds for:
Multiple Choice
$260,000
$246,803.
$322,400
Cannot be determined from the given information.
help_outline

Image Transcriptionclose

THA issued the bonds for: Multiple Choice $260,000 $246,803. $322,400 Cannot be determined from the given information.

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