Chrome File Edit View History Bookmarks Profiles Tab Window Help [35] Thu Jun 27 3:44 PM ► YouTube → c x y snapshotsmiipping X Qgooigle - Search × × Week 4 - Homewo X Effective Interest Geffective interest X M Inbox (7,559) - sai X M Hamasa Azimi repli x ► YouTube ► YouTube x + mysacstate-my.sharepoint.com/:x:/r/personal/saiajoy_csus_edu/_layouts/15/Doc.aspx?sourcedoc=%7B61663684-4345-4700-8958-ED4EC66F6C6A%7D&file=Week%204%20-%20Homework-1.xlsx&action=default&mo... ☆ EJ S Update: SummerCollge2022 SEND NIA A MESS... Adventures of Hu... Modules Ragas: Raga Sura... Auring Automation Mana... tree sketch M Displaying 10000... P Purdue OWL: MLA... ► How to Draw a La... > Alfonso Rosas >>>> Other Bookmarks Week 4 - Homework-1 v Search for tools, help, and more (Option + ( SA File Home Insert Share Page Layout Formulas Data Review View Automate Help Draw Comments Catch up Editing v Share Cut D Calibri (Body) 16 A A Wrap Text General Copy Paste B I U D ab A Merge & Center $ % Format Painter h Clipboard Font Alignment Number Cells ΣAutoSum v Clear .00 Conditional Format As Formatting Table Styles Cell Styles v Insert Delete Format Sort & Find & Filter Select v Add-ins Editing Add-ins Undo B64 A B fx D E G H P ○ R S T U V W X Y Z AA AB 63 64 65 66 67 68 Effective Interest Rate Amortization (Complete tables in 'Effective Interest Amortization' tab first) $100,000 Face Value, 8% coupon, four-year bond issued December 31, 2021 for a price of 93.537. Market rate interest at the time is 10%. Interest is paid semiannually 6/30 and 12/31. Journalize the first interest payment on 6/30/2022. 69 70 Date Account 71 30-Jun Interest Expense DR CR Correct Incorrect 72 73 74 75 Discount on Bonds Payable Correct Cash Correct Journalize the second interest payment on 12/31/2022. Incorrect $ 4,000 Correct 76 77 Date Account 78 31-Dec 79 80 DR CR Incorrect Incorrect Incorrect Incorrect Incorrect Incorrect Journal Entries - Bonds Effective Interest Amortization + Work Finder JUN 27

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Chrome File Edit View History Bookmarks Profiles Tab Window Help
[35]
Thu Jun 27 3:44 PM
► YouTube
→ c
x y snapshotsmiipping X Qgooigle - Search
×
× Week 4 - Homewo X
Effective Interest
Geffective interest X M Inbox (7,559) - sai X M Hamasa Azimi repli x ► YouTube
► YouTube
x
+
mysacstate-my.sharepoint.com/:x:/r/personal/saiajoy_csus_edu/_layouts/15/Doc.aspx?sourcedoc=%7B61663684-4345-4700-8958-ED4EC66F6C6A%7D&file=Week%204%20-%20Homework-1.xlsx&action=default&mo...
☆
EJ
S
Update:
SummerCollge2022
SEND NIA A MESS...
Adventures of Hu...
Modules
Ragas: Raga Sura... Auring
Automation Mana...
tree sketch M Displaying 10000...
P Purdue OWL: MLA...
► How to Draw a La...
> Alfonso Rosas
>>>>
Other Bookmarks
Week 4 - Homework-1 v
Search for tools, help, and more (Option + (
SA
File
Home
Insert
Share
Page Layout
Formulas Data Review
View
Automate Help Draw
Comments
Catch up
Editing v
Share
Cut
D
Calibri (Body)
16
A
A
Wrap Text
General
Copy
Paste
B I U
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ab
A
Merge & Center
$ %
Format Painter
h
Clipboard
Font
Alignment
Number
Cells
ΣAutoSum v
Clear
.00
Conditional Format As
Formatting Table
Styles
Cell
Styles v
Insert Delete Format
Sort & Find &
Filter Select v
Add-ins
Editing
Add-ins
Undo
B64
A
B
fx
D
E
G
H
P
○
R
S
T
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W
X
Y
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AA
AB
63
64
65
66
67
68
Effective Interest Rate Amortization
(Complete tables in 'Effective Interest Amortization' tab first)
$100,000 Face Value, 8% coupon, four-year bond issued December 31, 2021 for a price of 93.537. Market
rate interest at the time is 10%. Interest is paid semiannually 6/30 and 12/31.
Journalize the first interest payment on 6/30/2022.
69
70
Date
Account
71
30-Jun Interest Expense
DR
CR
Correct
Incorrect
72
73
74
75
Discount on Bonds Payable Correct
Cash
Correct
Journalize the second interest payment on 12/31/2022.
Incorrect
$
4,000 Correct
76
77
Date
Account
78
31-Dec
79
80
DR
CR
Incorrect
Incorrect
Incorrect
Incorrect
Incorrect
Incorrect
Journal Entries - Bonds
Effective Interest Amortization +
Work Finder
JUN
27
<tv
Ը
N
A
zoom
WD
Average: 36959.6 Count: 69
Sum: 184798
Give Feedback to Microsoft
100%
+
Ο
Transcribed Image Text:Chrome File Edit View History Bookmarks Profiles Tab Window Help [35] Thu Jun 27 3:44 PM ► YouTube → c x y snapshotsmiipping X Qgooigle - Search × × Week 4 - Homewo X Effective Interest Geffective interest X M Inbox (7,559) - sai X M Hamasa Azimi repli x ► YouTube ► YouTube x + mysacstate-my.sharepoint.com/:x:/r/personal/saiajoy_csus_edu/_layouts/15/Doc.aspx?sourcedoc=%7B61663684-4345-4700-8958-ED4EC66F6C6A%7D&file=Week%204%20-%20Homework-1.xlsx&action=default&mo... ☆ EJ S Update: SummerCollge2022 SEND NIA A MESS... Adventures of Hu... Modules Ragas: Raga Sura... Auring Automation Mana... tree sketch M Displaying 10000... P Purdue OWL: MLA... ► How to Draw a La... > Alfonso Rosas >>>> Other Bookmarks Week 4 - Homework-1 v Search for tools, help, and more (Option + ( SA File Home Insert Share Page Layout Formulas Data Review View Automate Help Draw Comments Catch up Editing v Share Cut D Calibri (Body) 16 A A Wrap Text General Copy Paste B I U D ab A Merge & Center $ % Format Painter h Clipboard Font Alignment Number Cells ΣAutoSum v Clear .00 Conditional Format As Formatting Table Styles Cell Styles v Insert Delete Format Sort & Find & Filter Select v Add-ins Editing Add-ins Undo B64 A B fx D E G H P ○ R S T U V W X Y Z AA AB 63 64 65 66 67 68 Effective Interest Rate Amortization (Complete tables in 'Effective Interest Amortization' tab first) $100,000 Face Value, 8% coupon, four-year bond issued December 31, 2021 for a price of 93.537. Market rate interest at the time is 10%. Interest is paid semiannually 6/30 and 12/31. Journalize the first interest payment on 6/30/2022. 69 70 Date Account 71 30-Jun Interest Expense DR CR Correct Incorrect 72 73 74 75 Discount on Bonds Payable Correct Cash Correct Journalize the second interest payment on 12/31/2022. Incorrect $ 4,000 Correct 76 77 Date Account 78 31-Dec 79 80 DR CR Incorrect Incorrect Incorrect Incorrect Incorrect Incorrect Journal Entries - Bonds Effective Interest Amortization + Work Finder JUN 27 <tv Ը N A zoom WD Average: 36959.6 Count: 69 Sum: 184798 Give Feedback to Microsoft 100% + Ο
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