Problem 1Q Problem 2Q: 2. Potlatch Corporation has issued various types of bonds such as term bonds, income bonds, and... Problem 3Q Problem 4Q: 4. Distinguish between the following values relative to bonds payable:
(a) Maturity value. (c)... Problem 5Q: 5. Under what conditions of bond issuance does a discount on bonds payable arise? Under what... Problem 6Q: 6. How should discount on bonds payable be reported on the financial statements? Premium on bonds... Problem 7Q: 7. What are the two methods of amortizing discount and premium on bonds payable? Explain each.
Problem 8Q Problem 9Q: 9. Briggs and Stratton recently issued debt with issue costs of 1 $5.1 million. How should the costs... Problem 10Q Problem 11Q: 11. What is the "call" feature of a bond issue? How does the call feature affect the amortization of... Problem 12Q: 12. Why would a company wish to reduce its bond indebtedness before its bonds reach maturity?... Problem 13Q: 13. How are gains and losses from extinguishment of a debt classified in the income statement? What... Problem 14Q: 14. What is done to record properly a transaction involving the issuance of a non-interest-bearing... Problem 15Q: 15. How is the present value of a non-interest-bearing note computed?
Problem 16Q: 16. When is the stated interest rate of a debt instrument presumed to be fair?
Problem 17Q: 17. What are the considerations in imputing an appropriate interest rate?
Problem 18Q: 18. Differentiate between a fixed-rate mortgage and a variable-rate mortgage.
Problem 19Q Problem 20Q Problem 21Q Problem 22Q Problem 23Q Problem 24Q Problem 25Q Problem 26Q Problem 27Q Problem 28Q Problem 29Q Problem 30Q Problem 1BE:
BE14-1 (L01) Whiteside Corporation issues $500,000 of 9% bonds, due in 10 years, with interest... Problem 2BE Problem 3BE Problem 4BE Problem 5BE Problem 6BE Problem 7BE: BE14-7 (L01) Assume the bonds in BE14-6 were issued for $644,636 and the effective interest rate is... Problem 8BE Problem 9BE: BE14-9 (L02) On January 1, 2017, Henderson Corporation redeemed $500,000 of bonds at 99. At the time... Problem 10BE: BE14-10 (L03) Coldwell, Inc. issued a $100,000, 4-year, 10% note at face value to Flint Hills Bank... Problem 11BE: BE14-11 (L03) Samson Corporation issued a 4-year, $75,000, zero-interest-bearing note to Brown... Problem 12BE: BE14-12 (L03) McCormick Corporation issued a 4-year, $40,000, 5% note to Greenbush Company on... Problem 13BE: BE14-13 (L03) Shlee Corporation issued a 4-year, $60,000, zero-interest-bearing note to Garcia... Problem 14BE: BE14-14 (L04) Shonen Knife Corporation has elected to use the fair value option for one of its notes... Problem 15BE Problem 1E Problem 2E Problem 3E Problem 4E Problem 5E: E14.5 (L01) EXCEL (Entries for Bond Transactions-Effective Interest) Assume the same information as... Problem 6E: E14-6 (L01) (Amortization Schedule-Straight-Line) Devon Harris Company sells 10% bonds having a... Problem 7E Problem 8E: E14-8 (L01) GROUP (Determine Proper Amounts in Account Balances) Presented below are two independent... Problem 9E Problem 10E Problem 11E: E14-11 (L01) (Information Related to Various Bond Issues) Karen Austin Inc. has issued three types... Problem 12E Problem 13E Problem 14E Problem 15E: E14-15 (L01,2) (Entries for Redemption and Issuance of Bonds) Jason Day Company had bonds... Problem 16E: E14-16 (L03) (Entries for Zero-Interest-Bearing Notes) On January 1, 2017, Ellen Carter Company... Problem 17E: E14-17 (L03) (Imputation of Interest) Presented below are two independent situations.
On January 1,... Problem 18E: E14-18 (L03) (Imputation of Interest with Right) On January 1, 2017, Margaret Avery Co. borrowed and... Problem 19E Problem 20E Problem 21E: *E14-21 (L06) (Settlement of Debt) Strickland Company owes $200,000 plus $18,000 of accrued interest... Problem 22E: *E14-22 (L06) (Term Modification without Gain-Debtor's Entries) On December 31, 2017, the American... Problem 23E: *E14-23 (L06) (Term Modification without Gain-Creditor's Entries) Using the same information as in... Problem 24E: *E14-24 (L06) (Term Modification with Gain-Debtor's Entries) Use the same information as in E14-22... Problem 25E: *E14-25 (L06) (Term Modification with Gain-Creditor's Entries) Using the same information as in... Problem 26E: *E14-26 (L06) (Debtor/Creditor Entries for Settlement of Troubled Debt) Gottlieb Co. owes $199,800... Problem 27E: *E14-27 (L06) (Debtor/Creditor Entries for Modification of Troubled Debt) Vargo Corp. owes $270,000... Problem 1P Problem 2P: P14-2 (L01, 2) EXCEL (Issuance and Redemption of Bonds) Venezuela Co. is building a new hockey arena... Problem 3P: P14-3 (L01, 3) (Negative Amortization) Good-Deal Inc. developed a new sales gimmick to help sell its... Problem 4P: P14.4 (L01,2,5) (Issuance and Redemption of Bonds; Income Statement Presentation) Holiday Company... Problem 5P Problem 6P Problem 7P Problem 8P Problem 9P Problem 10P Problem 11P Problem 12P Problem 13P Problem 14P Problem 1CA Problem 2CA Problem 3CA Problem 4CA Problem 5CA Problem 1UJ Problem 2UJ Problem 3UJ Problem 4UJ Problem 1CE Problem 2CE Problem 3CE Problem 4CE Problem 1CRC Problem 1IST Problem 2IST Problem 3IST Problem 4IST Problem 5IST Problem 1ICA Problem 2ICA: IFRS14-2 What are the general rules for measuring and recognizing gain or loss by a debt... Problem 3ICA Problem 4ICA Problem 5ICA Problem 6ICA Problem 7ICA Problem 8ICA format_list_bulleted