Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

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Answer 1

Question

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

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Answer 2

Question

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

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Answer 3

Question

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

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Answer 4

Question

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

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Answer 5

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

Answer 6

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

Answer 7

Chapter 7, Problem 18E

a.

To determine

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

Answer 8

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

Answer 9

b.

To determine

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

Answer 10

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

Answer 11

c.

To determine

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

Answer 12

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

Answer 13

d.

To determine

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

Answer 14

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Answer 15

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Answer 16

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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 - Assume that on October 1, 2018, Big Company...Ch. 7 - Prob. 8Q Ch. 7 - Prob. 9Q Ch. 7 - Prob. 10Q

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

Solution Summary: The author calculates the amount of bond premium or discount of Company G issued 80,000 of 6 percent bonds at 101.25.

Compute the amount of bond premium or discount of Company G issued $80,000 of 6 percent bonds at 101.25.

Compute the amount of bond premium or discount of Incorporation B issued $200,000 of 10 year, 6 percent bonds at 97.50.

Compute the amount of bond premium or discount of Incorporation O issued $100,000 of 20 year, 6 percent bonds at 103.

Compute the amount of bond premium or discount of Company W issued $180,000 of 15 year, 7 percent bonds at 99.

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Chapter 7 Solutions