Revise your worksheet assumptions as indicated below and then answer the questions that folllow: Face amount Stated rate

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Revise Your Worksheet Assumptions As Indicated Below And Then Answer The Questions That Folllow Face Amount Stated Rate 1 (55.49 KiB) Viewed 7 times

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Revise your worksheet assumptions as indicated below and then answer the questions that folllow: Face amount Stated rate Number of years Market rate Discount O Premium Required: 1. Was the bond issued at a discount or a premium? Date پہلے June 30, 2021 December 31, 2021 June 30, 2022 December 31, 2022 $3,095,000 Cash Paid 9% 10 2. Complete the first four rows of the amortization schedule. (Round your answers to 2 decimal places.) Interest Change in Carrying Expense Value 10% Carrying Value
Journal entry worksheet 1 2 Record the issuance of the 9% note for $3,095,000 on Jan. 01, 2021. Date January 01, 2021 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal
Journal entry worksheet < 1 2 Record the annual interest paid on the 9% note for the year ending on Jun. 30, 2021. Date June 30, 2021 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal
Journal entry worksheet < 2 Record the annual interest paid on the 9% note for the year ending on Dec. 30, 2021. Date December 31, 2021 3 Note: Enter debits before credits. Record entry General Journal Clear entry Debit Credit View general journal