Respuesta :
A) $3,530.3
B)Debit Cash $200,000; debit Premium on Bonds Payable $8,531; savings Bonds Payable $208,531.
C) Debit Bond Interest Expense $13,808.00; debit Premium on Bonds Payable $1,042.00; credit score Cash $14,850.00.
Explanation:
discount:
95,000 - 92,947 = 2,053
This quantity is distribute equally among all interest pay money:
2,053 / 10 charge = 205.3
cash outlay + amortization on bargain = activity expense
95,000 x 7% x 1/2 + 205.3 = $3,530.3
B)debit the money received
we credit the bond payable for their face value
we alter the use of top class when lower and top rate when higher
C) we calculate the premium and divide oer whole payment to get the amortization:
280,420 - 270,000 = 10,420 / 10 = 1,042
cash outlay - amortization on top class = activity expense
270,000 x 11% x 1/2 - 1,042 = 13,808
What is semiannually interest?
Interest compounded semiannually ability that the compound hobby fee is calculated on the bases of the important brought with the results of the compound activity price from the previous term's calculation, and this will happen twice a year.
Learn more about semiannual interest period here:
