journal entry assignment

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Help on journal entry assignment, i need it within the time specified

Help on journal entry assignment, i need it within the time specified

Help on journal entry assignment, i need it within the time specified

Help on journal entry assignment, i need it within the time specified

Help on journal entry assignment, i need it within the time specified

Introduction to Fhancial C Connect Secure https://newconnect.mheducation.com/tbow/connect.htrn• 10 Homework O C) x ACL X? Reader x On January 2017, Wayne O RANDOM CD Ch aleck my MOWS COLLEGE STUFF Exercise 10-3A Computing bond interest and price; recording bond issuance LO C2 s.ss Bringham Company issues bonds With a par value Of $630,000 on their stated issue date. The bonds mature in 7 years and pay points annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 10%. ECONOMICS and (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. HOW many semiannual interest payments Will be made on these bonds over their life? 3. use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. 4. Compute the price of the bonds as of their issue date. S. Prepare the journal entry to record the bonds' issuance. hot Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 Screen Shot_ 2018-0328.13 PM Req 5 Compute the price of the bonds as of their issue date. (Round all table values to 4 decimal places, and use the rounded table values in calculations. Round intermediate calculations to the nearest dollar amount.) Table Value Par (maturity) value 0.5051 Interest (annuity) price of bonds 98986 630.000 318.213 s 25.200 567.658 It03 < Prey 1' to ACL X 8 of 18 Connect Next > x 1.2017. Wayne C O Secure https:,'/newconnect.mheducation.com/tbow/connect.htrn' RANDOM CD Ch 10 Homework O my MOWS COLLEGE STUFF Exercise 10-3A Computing bond interest and price; recording bond issuance LO C2 s.ss Bringham Company issues bonds With a par value Of $630,000 on their stated issue date. The bonds mature in 7 years and pay annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 10%. -ECONOMICS and (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. HOW many semiannual interest payments Will be made on these bonds over their life? 3. use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. 4. Compute the price of the bonds as of their issue date. S. Prepare the journal entry to record the bonds' issuance. hot Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 Screen Shot. 2018-0328.13 PM Req 5 Prepare the journal entry to record the bonds' issuance. (Round Intermediate calculations to the nearest dollar amount.) V'" list entry < of Next Introduction to Fhancial C Connect Secure https://newconnect.mheducation.com/tbow/connect.htrn• 10 Homework O Cash 567.658 Discount on bonds payable 62,342 Bonds payable 630,000 Prey C) x ACL X? 8 18 > Reader Wayne O RANDOM CD Ch aleck my MOWS COLLEGE STUFF Exercise 10-3A Computing bond interest and price; recording bond issuance LO C2 s.ss Bringham Company issues bonds With a par value Of $630,000 on their stated issue date. The bonds mature in 7 years and pay points annual interest in semiannual payments. On the issue date, the annual market rate for the bonds is 10%. ECONOMICS and (Use appropriate factor(s) from the tables provided.) 1. What is the amount of each semiannual interest payment for these bonds? 2. HOW many semiannual interest payments Will be made on these bonds over their life? 3. use the interest rates given to select whether the bonds are issued at par, at a discount, or at a premium. 4. Compute the price of the bonds as of their issue date. hot S. Prepare the journal entry to record the bonds' issuance. Complete this question by entering your answers in the tabs below. Req 1 to 3 Req 4 Req 5 What is the amount of each semiannual interest payment for these bonds? How many semiannual interest payments will be made on these bonds over their life? use the interest rates given to select Whether the bonds are issued at par, at a discount, or ata premium. (maturity) value 25,200 Number of payments wmether the bonds are issued at par, at a discount. discount. or at a premium? < Prey 1' to ACL X At a 8 of 18 Connect Next > x 1.2017. Wayne C O Secure https:,'/newconnect.mheducation.com/tbow/connect.htrn' RANDOM CD Ch 10 Homework O my 13 MOWS COLLEGE STUFF Exercise 10-10 Installment note with equal total payments LO Cl s.ss On January l, 2017, Eagle borrows $24,000 cash by signing a four-year, installment note. The note requires four equal payments Of $7,246, consisting of accrued interest and principal on December 31 of each year from 2017 through 2020. (Table_ßxl, -ECONOMICS a nd appropriate factor(s) from the tables provided.) Prepare an amortization table for this installment note. < of Next (use Introductionto Fhancial CO Secure X X Connect tableb.l.jpg (860*567) On JanuaryI,207 MHEReader X x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my On January 1, 2017, Eagle borrov.'s $25,000 cash by signing a four-year. 7% installment note. The note requires four equal payments of $7,381, consisting Of accrued interest and principal on December 31 Of each year from 2017 through 2020. (Table B.I, g,3, and Table B.4) (use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to 5.65 the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) points hot (B) poriod Ending Beginning Debit Interest (E) Debit Notes Ending 2017 2018 2019 s Prey 13 18 > 14 Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 20m Ch 10 Homework O Help < pru of Next Introduction to Fhancial C Connect Secure https://newconnect.mheducation.com/tbow/connect.htrn• 10 Homework O 14 On January 1, 2017, Eagle borrovvs $25,000 cash by signing a four-year. 7% installment note. The note requires four equal payments of $7,381, consisting Of accrued interest and principal on December 31 Of each year from 2017 through 2020. (Table 8.1, Table B.2 B.3, and Table B.4) (use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to 5.65 the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) points Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 20m Refe < of Next Introductionto Fhancial CO Secure X Connect X tableb.l.jpg (860*567) On JanuaryI,207 MHEReader X x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my On January 1, 2017, Eagle borrov.'s $25,000 cash by signing a four-year. 7% installment note. The note requires four equal payments of $7,381, consisting Of accrued interest and principal on December 31 Of each year from 2017 through 2020. (Table B.I, g,3, and Table B.4) (use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to 5.65 the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) points 14 Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 20m Ch 10 Homework O Help < pru of Next Introductionto Fhancial Secure CO X Connect X tableb.l.jpg (860*567) X On JanuaryI,207 MHEReader x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my 14 On January 1, 2017, Eagle borrov.'s $25,000 cash by signing a four-year. 7% installment note. The note requires four equal payments of $7,381, consisting Of accrued interest and principal on December 31 Of each year from 2017 through 2020. (Table B.I, g,3, and Table B.4) (use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to 5.65 the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) points 14 On January 1, 2017, Eagle borrovvs $25,000 cash by signing a four-year. 7% installment note. The note requires four equal payments of $7,381, consisting Of accrued interest and principal on December 31 Of each year from 2017 through 2020. (Table 8.1, Table B.2 B.3, and Table B.4) (use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to 5.65 the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) points Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 20m Refe Prepare the journal entries for Eagle to record the loan on January 1, 2017, and the four payments from December 31, 2017, through December 31, 20m < pru of Next Introductionto Fhancial Secure CO X Connect X tableb.l.jpg (860*567) On JanuaryI,207 MHEReader X x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my 15 5.55 Ch 10 Homework O Help 15 OS 10-17C Recording operating leases LO C3 5.55 Jin Li. an employee Of ETrain.com, leases a car at O'Hare airport for a three-day business trip. The rental cost is $361. prepare the entry points by ETrain.com to record Jin Li's short-term car lease cost. 15 18 < pru of Next Introductionto Fhancial Secure CO X Connect X tableb.l.jpg (860*567) X On JanuaryI,207 MHEReader x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my 16 On January 1, 2017, Eagle borrov.'s $25,000 cash by signing a four-year. 7% installment note. The note requires four equal payments of $7,381, consisting Of accrued interest and principal on December 31 Of each year from 2017 through 2020. (Table B.I, g,3, and Table B.4) (use appropriate factor(s) from the tables provided. Round your intermediate calculations and final answers to 5.65 the nearest dollar amount. Round all table values to 4 decimal places, and use the rounded table values in calculations.) points OS 10-17C Recording operating leases LO C3 Jin Li. an employee Of ETrain.com, leases a car at O'Hare airport for a three-day business trip. The rental cost is $361. prepare the entry points by ETrain.com to record Jin Li's short-term car lease cost. X. Record the short-term car lease cost Of $361. Refere Ch 10 Homework O Help 16 OS 10-18C Recording capital leases LO ca 5.55 Algoma, Inc., signs a five-year lease for Office equipment With Office Solutions. The present value Of the lease payrnents is $17,690. points Prepare the journal entry that Algoma records at the inception of this capital lease. < pru of Next Introductionto Fhancial Secure CO X Connect X tableb.l.jpg (860*567) On JanuaryI,207 MHEReader X x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my 17 5.55 16 18 < pru of > Next Introductionto Fhancial CO Secure X X Connect tableb.l.jpg (860*567) X MHEReader On JanuaryI,207 x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my 18 OS 10-18C Recording capital leases LO ca 5.55 Algoma, Inc., signs a five-year lease for Office equipment With Office Solutions. The present value Of the lease payrnents is $17,690. points Prepare the journal entry that Algoma records at the inception of this capital lease. X. Refere Ch 10 Homework O Help 17 OS 10-14B Effective Interest: Bond discount computations LO P5 5.55 Garcia Company issues 10.00%, Is-year bonds With a par value Of $330,000 and semiannual interest payments. On the issue date, the points annual market rate for these bonds is 1400%, which implies a selling price of 771/2. The effective interest method is used to allocate interest expense. 1. using the implied selling price of 771/2, what are the issuer's cash proceeds from issuance of these bonds. 2. What total amount of bond interest expense will be recognized over the life of these bonds? < of Next Introductionto Fhancial Secure CO X X Connect tableb.l.jpg (860*567) X MHEReader On JanuaryI,207 x X CD https://newconnect.mheducation.com/flow/connect.htrn• Ch10 Homework Help O Exit my 19 Amount repaid: payments Of Total Par value at maturity repayments Less Total amount borrowed (frotn part 1) bond interest expense 3. What amount of bond interest expense is recorded on the first interest payment date? Prey 17 18 > 1. using the implied selling price of 771/2, what are the issuer's cash proceeds from issuance of these bonds. 5.55 points Amount repaid: payments Of Par value at maturity Total repayments Less amount borrowed (frog-n part 2. What1) Total bond interest expense these bonds? Refere total amount of bond interest expense will be recognized over the life of 3. What amount Of bond interest expense is recorded on the first interest payment date? < Prev 17 of 18 Next > 18 OS 10-15B Effective Interest: Bond premium computations LO P6 5.55 Garcia Company issues 10%, IS-year bonds With a par value Of $340,000 and semiannual interest payments. On the issue date, the poins annual market rate for these bonds is 8%, which implies a selling price of 117 1/4. The effective interest method is used to allocate interest expense. 1. using the implied selling price of 117 1/4, what are the issuer's cash proceeds from issuance of these bonds. 2. What total amount Of bond interest expense Will be recognized over the life Of these bonds? < of Next Introduction to Fhancial X Connect X table b.l.jpg (860*567) X On January I, 207 x CD MHE Reader X C O Secure https://newconnect.mheducation.com/flow/connect.htrn• Ch 10 Homework O Exit Help Refe Amount repaid: payments of Par value at maturity Total repayments Loss amount borrowed (from part I) Total bond interest expense 3. What amount of bond interest expense is recorded on the first interest payment date? Prey 18 18 18 1. using the implied selling price of 117 1/4, what are the issuer's cash proceeds from issuance of these bonds. 5.55 points Amount repaid: payments Of Par value at maturity Total repayments Less amount borrowed (frog-n part 2. What1) Total bond interest expense life of these Refere total amount of bond interest expense will be recognized over the bonds? 3. What amount Of bond interest expense is recorded on the first interest payment date? < pru 18 of 18 Next

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School: University of Maryland

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