Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

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Answer 1

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

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Answer 2

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

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Answer 3

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

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Answer 4

Question

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

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Answer 5

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

Answer 6

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

Answer 7

Chapter 7, Problem 17E

a.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

Answer 8

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

Answer 9

b.

To determine

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

Answer 10

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

Answer 11

c.

To determine

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

Answer 12

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

Answer 13

d.

To determine

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

Answer 14

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Answer 15

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Answer 17

Ch. 7 - 1. What type of transaction is a cash payment to...Ch. 7 - Prob. 2Q Ch. 7 - How does recording accrued interest affect the...Ch. 7 - 4. Who is the maker of a note payable?Ch. 7 - How does the going concern assumption discussed in...Ch. 7 - 6. Why is it necessary to make an adjusting entry...Ch. 7 - Prob. 7Q Ch. 7 - Prob. 8Q Ch. 7 - Prob. 9Q Ch. 7 - Prob. 10Q

Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

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Compute the cash proceeds from bond issues for Incorporation F issued $400,000 of 10 year, 8 percent bonds at 101. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Company F issued $250,000 of 4 year, 6 percent bonds at 98. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Company F issued $300,000 of 10 year, 7 percent bonds at 102.25. Indicate whether the bonds sold at a premium or discount.

Compute the cash proceeds from bond issues for Incorporation F issued $200,000 of 5 year, 6 percent bonds at 97.5. Indicate whether the bonds sold at a premium or discount.

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