SlideShare a Scribd company logo
A 10 year 5% bond with Face value of $100,000 was issed at 102 on January 1, 2021. Bond
premium Amortization is calculated annually and payment of interest is made semiannually. a.
Record the transactions for January 1, 2021, July 1, 2021 and accrual for December 31, 2021 b.
Calculate the carrying value of Bonds Payable on December 31st, 2021.

More Related Content

More from opelectronics1

A company is requested to produce a computer application functioning a (1).pdf
A company is requested to produce a computer application functioning a (1).pdfA company is requested to produce a computer application functioning a (1).pdf
A company is requested to produce a computer application functioning a (1).pdf
opelectronics1
 
A trend in public decision making is ___________- a- Administrators c.pdf
A  trend in public decision making is ___________- a- Administrators c.pdfA  trend in public decision making is ___________- a- Administrators c.pdf
A trend in public decision making is ___________- a- Administrators c.pdf
opelectronics1
 
A company has a contract to move 700 units of a product per day betwee.pdf
A company has a contract to move 700 units of a product per day betwee.pdfA company has a contract to move 700 units of a product per day betwee.pdf
A company has a contract to move 700 units of a product per day betwee.pdf
opelectronics1
 
A committee has fifteen members- There are two members that currently.pdf
A committee has fifteen members- There are two members that currently.pdfA committee has fifteen members- There are two members that currently.pdf
A committee has fifteen members- There are two members that currently.pdf
opelectronics1
 
A collection of computers- printers and other devices that are connect.pdf
A collection of computers- printers and other devices that are connect.pdfA collection of computers- printers and other devices that are connect.pdf
A collection of computers- printers and other devices that are connect.pdf
opelectronics1
 
A colorblind man marries a woman with normal vision- The woman's fathe.pdf
A colorblind man marries a woman with normal vision- The woman's fathe.pdfA colorblind man marries a woman with normal vision- The woman's fathe.pdf
A colorblind man marries a woman with normal vision- The woman's fathe.pdf
opelectronics1
 
A $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdf
A $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdfA $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdf
A $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdf
opelectronics1
 
A campus program evenly enrolls undergraduate and graduate students- I.pdf
A campus program evenly enrolls undergraduate and graduate students- I.pdfA campus program evenly enrolls undergraduate and graduate students- I.pdf
A campus program evenly enrolls undergraduate and graduate students- I.pdf
opelectronics1
 
A coin is tossed 7 times- Find the probability that the number of head.pdf
A coin is tossed 7 times- Find the probability that the number of head.pdfA coin is tossed 7 times- Find the probability that the number of head.pdf
A coin is tossed 7 times- Find the probability that the number of head.pdf
opelectronics1
 
A business purchases 100-000 of inventory in France- with the payable.pdf
A business purchases 100-000 of inventory in France- with the payable.pdfA business purchases 100-000 of inventory in France- with the payable.pdf
A business purchases 100-000 of inventory in France- with the payable.pdf
opelectronics1
 
A clinical psychologist was interested in studying the relationship be.pdf
A clinical psychologist was interested in studying the relationship be.pdfA clinical psychologist was interested in studying the relationship be.pdf
A clinical psychologist was interested in studying the relationship be.pdf
opelectronics1
 
A client suffering from chronic hypertension is beginning to show the.pdf
A client suffering from chronic hypertension is beginning to show the.pdfA client suffering from chronic hypertension is beginning to show the.pdf
A client suffering from chronic hypertension is beginning to show the.pdf
opelectronics1
 
A client who wants to build a plant identification database has sent y.pdf
A client who wants to build a plant identification database has sent y.pdfA client who wants to build a plant identification database has sent y.pdf
A client who wants to build a plant identification database has sent y.pdf
opelectronics1
 
A child inserts letters randomly into envelopes- What is the probabili.pdf
A child inserts letters randomly into envelopes- What is the probabili.pdfA child inserts letters randomly into envelopes- What is the probabili.pdf
A child inserts letters randomly into envelopes- What is the probabili.pdf
opelectronics1
 
A certain product under development took 200 hours for the production.pdf
A certain product under development took 200 hours for the production.pdfA certain product under development took 200 hours for the production.pdf
A certain product under development took 200 hours for the production.pdf
opelectronics1
 
A cDNA library- contains solely DNA sequences representative of the RN.pdf
A cDNA library- contains solely DNA sequences representative of the RN.pdfA cDNA library- contains solely DNA sequences representative of the RN.pdf
A cDNA library- contains solely DNA sequences representative of the RN.pdf
opelectronics1
 
A botanist discovers a new species of plant- Investigation of its anat.pdf
A botanist discovers a new species of plant- Investigation of its anat.pdfA botanist discovers a new species of plant- Investigation of its anat.pdf
A botanist discovers a new species of plant- Investigation of its anat.pdf
opelectronics1
 
A building holds several occupancies- A- Let P(X) - 0-052 (max capaci.pdf
A building holds several occupancies- A-  Let P(X) - 0-052 (max capaci.pdfA building holds several occupancies- A-  Let P(X) - 0-052 (max capaci.pdf
A building holds several occupancies- A- Let P(X) - 0-052 (max capaci.pdf
opelectronics1
 
A 10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared If the start.pdf
A  10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared  If the start.pdfA  10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared  If the start.pdf
A 10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared If the start.pdf
opelectronics1
 
A campus researcher wanted to investigate the factors that affect visi (1).pdf
A campus researcher wanted to investigate the factors that affect visi (1).pdfA campus researcher wanted to investigate the factors that affect visi (1).pdf
A campus researcher wanted to investigate the factors that affect visi (1).pdf
opelectronics1
 

More from opelectronics1 (20)

A company is requested to produce a computer application functioning a (1).pdf
A company is requested to produce a computer application functioning a (1).pdfA company is requested to produce a computer application functioning a (1).pdf
A company is requested to produce a computer application functioning a (1).pdf
 
A trend in public decision making is ___________- a- Administrators c.pdf
A  trend in public decision making is ___________- a- Administrators c.pdfA  trend in public decision making is ___________- a- Administrators c.pdf
A trend in public decision making is ___________- a- Administrators c.pdf
 
A company has a contract to move 700 units of a product per day betwee.pdf
A company has a contract to move 700 units of a product per day betwee.pdfA company has a contract to move 700 units of a product per day betwee.pdf
A company has a contract to move 700 units of a product per day betwee.pdf
 
A committee has fifteen members- There are two members that currently.pdf
A committee has fifteen members- There are two members that currently.pdfA committee has fifteen members- There are two members that currently.pdf
A committee has fifteen members- There are two members that currently.pdf
 
A collection of computers- printers and other devices that are connect.pdf
A collection of computers- printers and other devices that are connect.pdfA collection of computers- printers and other devices that are connect.pdf
A collection of computers- printers and other devices that are connect.pdf
 
A colorblind man marries a woman with normal vision- The woman's fathe.pdf
A colorblind man marries a woman with normal vision- The woman's fathe.pdfA colorblind man marries a woman with normal vision- The woman's fathe.pdf
A colorblind man marries a woman with normal vision- The woman's fathe.pdf
 
A $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdf
A $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdfA $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdf
A $14-000 loan is to be repaid with 9 equal half-yearly instalments- I.pdf
 
A campus program evenly enrolls undergraduate and graduate students- I.pdf
A campus program evenly enrolls undergraduate and graduate students- I.pdfA campus program evenly enrolls undergraduate and graduate students- I.pdf
A campus program evenly enrolls undergraduate and graduate students- I.pdf
 
A coin is tossed 7 times- Find the probability that the number of head.pdf
A coin is tossed 7 times- Find the probability that the number of head.pdfA coin is tossed 7 times- Find the probability that the number of head.pdf
A coin is tossed 7 times- Find the probability that the number of head.pdf
 
A business purchases 100-000 of inventory in France- with the payable.pdf
A business purchases 100-000 of inventory in France- with the payable.pdfA business purchases 100-000 of inventory in France- with the payable.pdf
A business purchases 100-000 of inventory in France- with the payable.pdf
 
A clinical psychologist was interested in studying the relationship be.pdf
A clinical psychologist was interested in studying the relationship be.pdfA clinical psychologist was interested in studying the relationship be.pdf
A clinical psychologist was interested in studying the relationship be.pdf
 
A client suffering from chronic hypertension is beginning to show the.pdf
A client suffering from chronic hypertension is beginning to show the.pdfA client suffering from chronic hypertension is beginning to show the.pdf
A client suffering from chronic hypertension is beginning to show the.pdf
 
A client who wants to build a plant identification database has sent y.pdf
A client who wants to build a plant identification database has sent y.pdfA client who wants to build a plant identification database has sent y.pdf
A client who wants to build a plant identification database has sent y.pdf
 
A child inserts letters randomly into envelopes- What is the probabili.pdf
A child inserts letters randomly into envelopes- What is the probabili.pdfA child inserts letters randomly into envelopes- What is the probabili.pdf
A child inserts letters randomly into envelopes- What is the probabili.pdf
 
A certain product under development took 200 hours for the production.pdf
A certain product under development took 200 hours for the production.pdfA certain product under development took 200 hours for the production.pdf
A certain product under development took 200 hours for the production.pdf
 
A cDNA library- contains solely DNA sequences representative of the RN.pdf
A cDNA library- contains solely DNA sequences representative of the RN.pdfA cDNA library- contains solely DNA sequences representative of the RN.pdf
A cDNA library- contains solely DNA sequences representative of the RN.pdf
 
A botanist discovers a new species of plant- Investigation of its anat.pdf
A botanist discovers a new species of plant- Investigation of its anat.pdfA botanist discovers a new species of plant- Investigation of its anat.pdf
A botanist discovers a new species of plant- Investigation of its anat.pdf
 
A building holds several occupancies- A- Let P(X) - 0-052 (max capaci.pdf
A building holds several occupancies- A-  Let P(X) - 0-052 (max capaci.pdfA building holds several occupancies- A-  Let P(X) - 0-052 (max capaci.pdf
A building holds several occupancies- A- Let P(X) - 0-052 (max capaci.pdf
 
A 10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared If the start.pdf
A  10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared  If the start.pdfA  10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared  If the start.pdf
A 10 ^ - 1 dilution of a 10 ^ - 2 dilution was prepared If the start.pdf
 
A campus researcher wanted to investigate the factors that affect visi (1).pdf
A campus researcher wanted to investigate the factors that affect visi (1).pdfA campus researcher wanted to investigate the factors that affect visi (1).pdf
A campus researcher wanted to investigate the factors that affect visi (1).pdf
 

Recently uploaded

Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Diana Rendina
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 
BBR 2024 Summer Sessions Interview Training
BBR  2024 Summer Sessions Interview TrainingBBR  2024 Summer Sessions Interview Training
BBR 2024 Summer Sessions Interview Training
Katrina Pritchard
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
paigestewart1632
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Dr. Vinod Kumar Kanvaria
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
Celine George
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
History of Stoke Newington
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
Nicholas Montgomery
 
Life upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for studentLife upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for student
NgcHiNguyn25
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Excellence Foundation for South Sudan
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
eBook.com.bd (প্রয়োজনীয় বাংলা বই)
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
Celine George
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
PECB
 
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem studentsRHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
Himanshu Rai
 
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
Nicholas Montgomery
 
How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
HajraNaeem15
 
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptxPrésentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
siemaillard
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
amberjdewit93
 

Recently uploaded (20)

Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 
BBR 2024 Summer Sessions Interview Training
BBR  2024 Summer Sessions Interview TrainingBBR  2024 Summer Sessions Interview Training
BBR 2024 Summer Sessions Interview Training
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
 
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
Exploiting Artificial Intelligence for Empowering Researchers and Faculty, In...
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
 
The History of Stoke Newington Street Names
The History of Stoke Newington Street NamesThe History of Stoke Newington Street Names
The History of Stoke Newington Street Names
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
writing about opinions about Australia the movie
writing about opinions about Australia the moviewriting about opinions about Australia the movie
writing about opinions about Australia the movie
 
Life upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for studentLife upper-Intermediate B2 Workbook for student
Life upper-Intermediate B2 Workbook for student
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
 
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdfবাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
বাংলাদেশ অর্থনৈতিক সমীক্ষা (Economic Review) ২০২৪ UJS App.pdf
 
How to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold MethodHow to Build a Module in Odoo 17 Using the Scaffold Method
How to Build a Module in Odoo 17 Using the Scaffold Method
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
 
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem studentsRHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
 
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
 
How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
 
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptxPrésentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
 
Digital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental DesignDigital Artefact 1 - Tiny Home Environmental Design
Digital Artefact 1 - Tiny Home Environmental Design
 

A 10 year 5- bond with Face value of $100-000 was issed at 102 on Janu (1).pdf

  • 1. A 10 year 5% bond with Face value of $100,000 was issed at 102 on January 1, 2021. Bond premium Amortization is calculated annually and payment of interest is made semiannually. a. Record the transactions for January 1, 2021, July 1, 2021 and accrual for December 31, 2021 b. Calculate the carrying value of Bonds Payable on December 31st, 2021.