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Hello can you complete the following attachment. T...

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Hello can you complete the following attachment. Thank you Q1) Harvard Research issues bonds dated January 1, 2009, that pays interest semiannually on June 30 and December 31. The bonds have a $45,000 par value and an annual contract rate of 6%, and they mature in six years. (Round dollar amounts to the nearest whole dollar.) (Assume no reversing entries are used.) Required: For each of the following three separate situations, (a) determine the bonds? issue price on January 1, 2009, and (b) prepare the journal entry to record their issuance. 1. The market rate at the date of issuance is 4% 2. The market rate at the date of issuance is 6% 3. The market rate at the date of issuance is 8%

 

Paper#3137 | Written in 18-Jul-2015

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