Sold $44,000 of the bonds at 103 plus accrued interest of $500. Cash 100

Q: If bond interest expense is $395,000, bond interest payable decreased by $6000 and the premium on…

A: Cash paid for bond interest = bond interest expense - bond interest payable -  premium on bonds…

Q: If $449,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a.…

A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…

Q: Five thousand bonds with a face value of $2000 each, are sold at 106. The entry to record the…

A: When bonds are issued at premium  the difference  between  face value and issue proceeds  is…

Q: Assignment Q. = Ken recieved 30000 of interest from corporate bonds and money market accounts. Ans &…

A: Step1 Form no 1040 is the IRS form for the Individuals of United States, in this form individuals…

Q: (a) Prepare the journal entry to issue $500,000 bonds that sold for $470,000.

A: Bonds are considered a financial instrument used to raise finance for the organization. It is also…

Q: If $522,000 of 8% bonds are issued at 94, the amount of cash received from the sale is:

A: Bonds price is indicated as a percentage of par value and par value is assumed at 100. So price…

Q: If $800,000 of 11% bonds are issued at 102 3/4, the amount of cash received from the sale is Oa.…

A: Given, Bonds = $800,000 of 11% Rate = 102 3/4 = 102.75%

Q: If 70 $1000 bonds with a carrying value of $84000 are redeemed for $79000, the journal entry to…

A: The bonds are issued at the premium when market rate is lower than the coupon rate of bonds payable.…

Q: If bonds with a face value of $570,000 are issued at 106, the amount of cash proceeds is $535,800…

A: Answer to Question:- $604,200 Workings:- Amount of Face Value of Bond =$570,000 Face value per bond…

Q: Purchased for cash $200,000 of Jakob, Inc. 9% bonds at 100 plus accrued interest of $3,000. DATE…

A: The bonds was purchased at 100 means the bond was purchased at is face value i.e. $100, neither at…

Q: If $1,093,000 of 8% bonds are issued at 102 3/4, the amount of cash received from the sale is

A: Given that  $1093000 of 8% Bonds issued at 102 3/4

Q: If $449,000 of 10% bonds are issued at 97, the amount of cash received from the sale is a.…

A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…

Q: Make a journal entry to record the issuance of a bond with a face amount of $1,000,000 sold at 98.

A: Bonds are considered a financial instrument used to raise finance for the organization. It is also…

Q: If $1,140,000 of 12% bonds are issued at 102 3/4, the amount of cash received from the sale is…

A:

Q: If $467,000 of 7% bonds are issued at 98, the amount of cash received from the sale is a.…

A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…

Q: Jordan Corporation issues 100, 5-year, 8%, $2,000 bonds dated January 1, 2022, at 96. To record the…

A: Bonds can be defined as a financial obligation taken out by the company from the investors. The…

Q: If $317,000 of 10% bonds are issued at 96, the amount of cash received from the sale is a.$285,300…

A: Bond is an instrument which helps the entity in getting money from public or from some other private…

Q: If $4,000,000 of 12% bonds are issued at 103 1/4, the amount of cash received from the sale is:

A: Number of bonds=Par value of bondsPer share value=$4,000,000$100=40,000

Q: If $1,178,000 of 10% bonds are issued at 102 3/4, the amount of cash received from the sale is a.…

A: The question is asking us to calculate the amount of cash received from the sale of bonds. The bonds…

Q: Five thousand bonds with a face value of $1000 each, are sold at 91. The entry to record the…

A: Bond interest is a monthly payment provided to bondholders by a bond issuer as compensation for…

Q: Eddie Industries issues $834,000 of 8% bonds at 105, The amount of cash received from the sale is a.…

A:

Q: If $323,000 of 10% bonds are issued at 96, the amount of cash received from the sale is a.$310,080…

A: please ,like the answer your response matters  Amount received from sale = $323,000 x 96%

Q: Crane Co. purchased 90, 6% Blossom Company bonds for $90000 cash. Interest is payable annually on…

A: The original purchase was for 90 bonds at $90,000, so each bond was purchased for $1,000 ($90,000 /…

Q: A $7,000; 9% bond is sold at 93. When the bond is issuede the Cash account will be incerased by :…

A: Bonds :— It is one of the type of securities that pays fixed periodic interest and face value amount…

Q: How do you solve 15-4 letter B. What steps are taken?

A: a. Following are the journal entries:

Q: $1,153,000 of 11% bonds are issued at 102 1/2, the amount of cash received from the sale is

A: Bonds are fixed-interest-bearing financial instruments that are raised when money is needed. If the…

Q: If $639,000 of 10% bonds are issued at 95, the amount of cash received from the sale is

A: A bond is an instrument of indebtedness to the holders which can be of municipal bonds and corporate…

Q: 1c. Sold $80,000 of the bonds at 101 plus accrued interest of $250. DATE   Debit Credit X/X

A: Face value of the bonds = $80,000 Selling price of the bonds = Face value of the bonds x 101% =…

Q: If $1,051,000 of 12% bonds are issued at 102 1/2, The amount of cash received from the sale is:

A: Amount of Cash Received = Face value of Bond*Bond Quote/100

Q: If $571,000 of 9% bonds are issued at 98, the amount of cash received from the sale is a.$519,610…

A: Cash received from sale of bonds represents the amount after showing the effect of discount or…

Q: Big Three Co issue its $42,700 bonds at a price of 104.1 the company will credit bonds payable for…

A: Solution: At the time of issue of bond at discount or  premium, bond payable is always credited with…

Q: Eddie Industries issues $926,000 of 8% bonds at 102. The amount of cash received from the sale is…

A: Definition:   Bonds: Bonds are a kind of interest-bearing notes payable, usually issued by…

Q: If $510,000 of 8% bonds are issued at 94, the amount of cash received from the sale is a.$479,400…

A: The bonds are the financial instruments used to raise the money from the market.

Debenture Valuation

A debenture is a private and long-term debt instrument issued by financial, non-financial institutions, governments, or corporations. A debenture is classified as a type of bond, where the instrument carries a fixed rate of interest, commonly known as the ‘coupon rate.’ Debentures are documented in an indenture, clearly specifying the type of debenture, the rate and method of interest computation, and maturity date.

Note Valuation

It is the process to determine the value or worth of an asset, liability, debt of the company. It can be determined by many processes or techniques. Many factors can impact the valuation of an asset, liability, or the company, like: