
1.
To calculate: The issue price of bonds, using the PV function in Excel.
2.
To prepare: An effective interest amortization table for the terms of bonds.
3.
a.
To prepare:
b.
To prepare: Journal entry to record the payment of first semiannual interest and amortization of the bonds discount on June 30, 2017.
c.
To prepare: Journal entry to record the payment of second semiannual interest and amortization of the bonds discount on December 31, 2017.
d.
To prepare: Journal entry to record conversion of bonds on July 1, 2018.
4.
To Report: Remaining bonds payable on Corporation Z’s

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Chapter 9 Solutions
Financial Accounting Plus MyLab Accounting with Pearson eText - Access Card Package (11th Edition)
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