Problem 1DQ Problem 2DQ: What is the difference between a bond and a note? How do the accounting treatments differ? Problem 3DQ: What does the face (or Par) value of a bond represent? Problem 4DQ Problem 5DQ: What is the stated or coupon rate of a bond? Problem 6DQ Problem 7DQ: How does a secured bond differ from an unsecured bond? Problem 8DQ Problem 9DQ Problem 10DQ Problem 11DQ Problem 12DQ Problem 13DQ Problem 14DQ Problem 15DQ Problem 16DQ Problem 17DQ Problem 18DQ Problem 19DQ Problem 20DQ Problem 21DQ Problem 22DQ Problem 1MCQ: Which of the following statements regarding bonds payable is true? Generally, bonds are issued in... Problem 2MCQ Problem 3MCQ: If bonds are issued at 101.25, this means that a $1,000 bond sold for $1,012.50. a $1,000 band sold... Problem 4MCQ: What best describes the discount on bonds payable account? A liability An asset A contra liability... Problem 5MCQ: The premium on bonds payable account is shown on the balance sheet as A contra asset. A reduction of... Problem 6MCQ: When bonds are issued by a company, the accounting entry typically shows an increase in liabilities... Problem 7MCQ Problem 8MCQ: Bonds in the amount of $100,000 with a life of 10 years were issued by the Roundy Company. If the... Problem 9MCQ Problem 10MCQ Problem 11MCQ Problem 12MCQ Problem 13MCQ Problem 14MCQ Problem 15MCQ Problem 16MCQ Problem 17MCQ: Which of the following statements regarding the new accounting rules, which take effect in 2019, for... Problem 18MCQ: Willow Corporations balance sheet showed the following amounts: current liabilities, $5,000; bonds... Problem 19MCQ Problem 20MCQ: McLaughlin Corporations balance sheet showed the following amounts: current liabilities, $75,000;... Problem 21MCQ: (Appendix 9A) The bond issue price is determined by calculating the present value of the stream of... Problem 22CE: Cornerstone Exercise 9-22 Reporting Long-Term Debt on the Balance Sheet Dennis Corp. has the... Problem 23CE: Cornerstone Exercise 9-23 Issuance of Long-Term Debt Anne Corp. issued $600,000, 5% bonds. Required:... Problem 24CE: Cornerstone Exercise 9-24 Issuance of Long-Term Debt EWO Enterprises issues $4,500,000 of bonds... Problem 25CE Problem 26CE: Cornerstone Exercise 9-26 Debt Issued at Par On January 1, 2019, Brock & Co. issued S600,000 of... Problem 27CE Problem 28CE: Cornerstone ExerciseDebt Issued at a Premium (Straight Line) Refer to the information for Ironman... Problem 29CE: Cornerstone Exercise 9-29 Debt issued at a Premium (Straight Line) Refer to the information for... Problem 30CE: Cornerstone Exercise Debt Issued at a Premium (Straight Line) Refer to the information for Ironman... Problem 31CE Problem 32CE: Cornerstone Exercise Bonds Issued at a Discount (Effective Interest) Refer to the information for... Problem 33CE Problem 34CE Problem 35CE Problem 36CE Problem 37CE Problem 38CE Problem 39CE: Cornerstone Exercise Ratio Analysis Watterson Corporations balance sheet showed the following... Problem 40CE: Cornerstone Exercise Ratio Analysis Blue Corporation has $2,000,000 in total liabilities and... Problem 41CE: Cornerstone Exercise Ratio Analysis Red Corporation had $1,750,000 in total liabilities and... Problem 42CE Problem 43CE: Cornerstone Exercise (Appendix 9A) Bond Issue Price On January 1, 2021, Callahan Auto issued... Problem 44BE Problem 45BE: Brief Exercise Issuance of Long-Term Debt Natalie Corp. provides medical supplies to hospitals... Problem 46BE Problem 47BE Problem 48BE: Brief Exercise Debt Issued at Par On January 1, 2020, Desmond & Co. issued 5,000 bonds with a SI,000... Problem 49BE Problem 50BE Problem 51BE: Brief Exercise Debt Issued at a Premium (Straight Line) On January 1, 2020, Solomon Crafts issued... Problem 52BE Problem 53BE Problem 54BE Problem 55BE Problem 56BE: Brief ExerciseBonds Issued at a Premium (Effective Interest) Refer to the information above for... Problem 57BE Problem 58BE: Brief Exercise Bonds issued at a Premium (Effective Interest) Refer to the information above for... Problem 59BE: Brief Exercise Cost of Debt Financing Topple Corporation leases skyscrapers in cities throughout the... Problem 60BE Problem 61BE: Brief Exercise Ratio Analysis Whitten Corporations balance sheet shows the following amounts:... Problem 62BE: Brief ExerciseRatio Analysis Valiant Corporation has $1,800,000 in total liabilities, $800,000 of... Problem 63BE: Brief Exercise Ratio Analysis Trevor Corporation had $2,900,000 in total liabilities and $4,300,000... Problem 64BE: Brief Exercise (Appendix 9A) Bond Issue Price On January 1, 2020, Ruby Inc. issued 3,000 $1,000 par... Problem 65BE Problem 66E Problem 67E: Exercise Bond Premium and Discount Markway Inc. is contemplating selling bonds. The issue is to be... Problem 68E: Exercise Bonds with Annual Interest Payments Kiwi Corporation issued at par $350,000, 9% bonds on... Problem 69E: Exercise Issuance and Interest Amortization for Zero Coupon Note (Straight Line) Kerwin Company... Problem 70E Problem 71E Problem 72E: Exercise Interest Payments and Interest Expense for Bonds (Straight Line) On January 1, 2020, Perry... Problem 73E Problem 74E Problem 75E Problem 76E Problem 77E Problem 78E Problem 79E Problem 80E Problem 81E Problem 82E Problem 83E Problem 84E Problem 85E: ExerciseInstallment Notes ABC bank loans $250,000 to Yossarian to purchase a new home. Yossarian... Problem 86E Problem 87E: Cost of Debt Financing Stinson Corporations cost of debt financing is 6%. Its tax rate is 30%.... Problem 88E: Cost of Debt Financing Diamond Companys cost of debt financing is 10%. Its tax rate is 35%. Diamond... Problem 89E: Ratio Analysis Rising Stars Academy provided the following information on its 2019 balance sheet and... Problem 90E Problem 91PSA: Problem Reporting Long-Term Debt Fridley Manufacturings accounting records reveal the following... Problem 92PSA Problem 93PSA Problem 94PSA Problem 95PSA Problem 96PSA Problem 97PSA Problem 98PSA Problem 99PSA Problem 91PSB Problem 92PSB Problem 93PSB Problem 94PSB Problem 95PSB Problem 96PSB Problem 97PSB Problem 98PSB Problem 99PSB Problem 100C: Long-Term Debt and Ethics You arc the CFO of Diversified Industries. Diversified has suffered... Problem 101.1C: Debtholders receive note contracts, one for each note, that describe the payments promised by the... Problem 101.2C: Debtholders receive note contracts, one for each note, that describe the payments promised by the... Problem 102.1C Problem 102.2C Problem 102.3C Problem 102.4C Problem 103.1C: Leverage Cook Corporation issued financial statements at December 31, 2019, that include the... Problem 103.2C Problem 103.3C Problem 103.4C Problem 104.1C Problem 104.2C Problem 104.3C Problem 104.4C Problem 105.1C Problem 105.2C Problem 105.3C Problem 105.4C Problem 105.5C Problem 105.6C: Comparative Analysis: Under Armour, Inc., versus Columbia Sportswear Refer to the 10-K. reports of... Problem 105.7C Problem 106.1C Problem 106.2C Problem 106.3C format_list_bulleted