Financial Accounting (11th Edition)
11th Edition
ISBN: 9780134127620
Author: Walter T. Harrison Jr., Charles T. Horngren, C. William Thomas, Wendy M. Tietz
Publisher: PEARSON
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Question
Chapter 9, Problem 9.86BP
1.
To determine
To calculate: The issue price of bonds, using the PV function in Excel.
2.
To determine
To prepare: An effective interest amortization table for the terms of bonds.
3.
a.
To determine
To prepare:
b.
To determine
To prepare: Journal entry to record the payment of first semiannual interest and amortization of the bonds discount on June 30, 2017.
c.
To determine
To prepare: Journal entry to record the payment of second semiannual interest and amortization of the bonds discount on December 31, 2017.
d.
To determine
To prepare: Journal entry to record conversion of bonds on July 1, 2018.
4.
To determine
To Report: Remaining bonds payable on Corporation Z’s
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Chapter 9 Solutions
Financial Accounting (11th Edition)
Ch. 9 - Prob. 1QCCh. 9 - Prob. 2QCCh. 9 - Prob. 3QCCh. 9 - Prob. 4QCCh. 9 - A contingent liability should be recorded in the...Ch. 9 - Prob. 6QCCh. 9 - Prob. 7QCCh. 9 - Prob. 8QCCh. 9 - Prob. 9QCCh. 9 - Prob. 10QC
Ch. 9 - Prob. 11QCCh. 9 - Prob. 12QCCh. 9 - Prob. 13QCCh. 9 - Prob. 14QCCh. 9 - Prob. 15QCCh. 9 - Prob. 16QCCh. 9 - Prob. 17QCCh. 9 - Prob. 9.1ECCh. 9 - Prob. 9.1SCh. 9 - Prob. 9.2SCh. 9 - Prob. 9.3SCh. 9 - Prob. 9.4SCh. 9 - Prob. 9.5SCh. 9 - Prob. 9.6SCh. 9 - Prob. 9.7SCh. 9 - Prob. 9.8SCh. 9 - Prob. 9.9SCh. 9 - Prob. 9.10SCh. 9 - Prob. 9.11SCh. 9 - Prob. 9.12SCh. 9 - Prob. 9.13SCh. 9 - Prob. 9.14SCh. 9 - Prob. 9.15SCh. 9 - Prob. 9.16SCh. 9 - Prob. 9.17SCh. 9 - Prob. 9.18SCh. 9 - Prob. 9.19SCh. 9 - Prob. 9.20AECh. 9 - Prob. 9.21AECh. 9 - Prob. 9.22AECh. 9 - Prob. 9.23AECh. 9 - Prob. 9.24AECh. 9 - Prob. 9.25AECh. 9 - Prob. 9.26AECh. 9 - Prob. 9.27AECh. 9 - Prob. 9.28AECh. 9 - Prob. 9.29AECh. 9 - Prob. 9.30AECh. 9 - Prob. 9.31AECh. 9 - Prob. 9.32AECh. 9 - Prob. 9.33AECh. 9 - Prob. 9.34AECh. 9 - Prob. 9.35AECh. 9 - Prob. 9.36BECh. 9 - Prob. 9.37BECh. 9 - Prob. 9.38BECh. 9 - Prob. 9.39BECh. 9 - Prob. 9.40BECh. 9 - Prob. 9.41BECh. 9 - Prob. 9.42BECh. 9 - Prob. 9.43BECh. 9 - Prob. 9.44BECh. 9 - Prob. 9.45BECh. 9 - Prob. 9.46BECh. 9 - Prob. 9.47BECh. 9 - Prob. 9.48BECh. 9 - Prob. 9.49BECh. 9 - Prob. 9.50BECh. 9 - Prob. 9.51BECh. 9 - Prob. 9.52QCh. 9 - Prob. 9.53QCh. 9 - Prob. 9.54QCh. 9 - Prob. 9.55QCh. 9 - Prob. 9.56QCh. 9 - Prob. 9.57QCh. 9 - Prob. 9.58QCh. 9 - Prob. 9.59QCh. 9 - Prob. 9.60QCh. 9 - Prob. 9.61QCh. 9 - Prob. 9.62QCh. 9 - Prob. 9.63QCh. 9 - Prob. 9.64QCh. 9 - Prob. 9.65QCh. 9 - Prob. 9.66QCh. 9 - Prob. 9.67QCh. 9 - Prob. 9.68QCh. 9 - Prob. 9.69QCh. 9 - Prob. 9.70QCh. 9 - Prob. 9.71APCh. 9 - Prob. 9.72APCh. 9 - Prob. 9.73APCh. 9 - Prob. 9.74APCh. 9 - Prob. 9.75APCh. 9 - Prob. 9.76APCh. 9 - Prob. 9.77APCh. 9 - Prob. 9.78APCh. 9 - Prob. 9.79APCh. 9 - Prob. 9.80BPCh. 9 - Prob. 9.81BPCh. 9 - Prob. 9.82BPCh. 9 - Prob. 9.83BPCh. 9 - Prob. 9.84BPCh. 9 - Prob. 9.85BPCh. 9 - Prob. 9.86BPCh. 9 - Prob. 9.87BPCh. 9 - Prob. 9.88BPCh. 9 - Prob. 9.89CEPCh. 9 - Prob. 9.90CEPCh. 9 - (Learning Objective 5: Explore an actual...Ch. 9 - Prob. 2DCCh. 9 - Prob. 1EICh. 9 - Prob. 2EICh. 9 - Prob. 1FFCh. 9 - Prob. 1GP
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- Provide answer general accountingarrow_forwardIf an oil rig was built in the sea, the cost to be capitalised is likely to include the cost of constructing the asset and the present value of the cost of dismantling it. If the asset cost $10 million to construct, and would cost $4 million to remove in 20 years, then the present value of this dismantling cost must be calculated. If interest rates were 5%, the present value of the dismantling costs are calculated as follows: $4 million x 1/1.0520 = $1,507,558 The total to be capitalised would be $10 million + $1,507,558 = $11,507,558. This would be depreciated over 20 years, so 11,507,558 x 1/20 = $575,378 per year. Each year, the liability would be increased by the interest rate of 5%. In year 1 this would mean the liability increases by $75,378 (making the year end liability $1,582,936). This increase is taken to the finance costs in the statement of profit or loss.arrow_forwardGeneral Accounting Question please answerarrow_forward
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