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8. Album Co issued 10-year $200.000 debenture bonds on January 2 discounts. The carrying amount of the bonds on January2 $13,016 and credting cash for $12.000. What is the carryinge effective ntJanuary 2. The bonds pay interest to amortize bond premiums and recorded foret of the bonds on January 2 was $185.963 A journal entry payment on June 30 debiting interest expense for debenture bonds? a6% b.796 c, 12% d. 14% annual stated interest rate for the ary 1 Year, Kay. In issued 10% brds in the taco amount of$400 000 which The bonds were issued for S354 000 to yield 12%, resuming mature on J anuary 1, Year 1 1 bond discount of $46,000. Kay uses the interest method of amortizing bond discount. res is payable semiannually on July t and January 1. At June 30, Year 1, Ky unamortized bond discount should be a. $46,000 b $44,760 c. $43,700 d. $42,000 On January 1, a company issued a S50.000 face amount, 8% 5-year bond for $46.139 that will yield 10%. Interest is payable on June 30 and December 31 What amount on December 31 of the current year? a. $46,139 b $46,446 C. $46,768 is the bond carrying d $47,106 Co p any issued 9% bonds n theface amount of $100,000, which bonds were issued for S96.207 to yield 10%, resulting in a bond 11. On 1/1/17, Evangel mature in 5 years. The dis scount of $3,793. Evangel uses the effective interest method of amortizing bond discount. Interest is payable should be a. $9,683 b. $9,621 c. $9,000 d. $8,317 annually on December 31. What is the amount of interest expense that reported on Evangel's income statement for 20187 uses to record the original issue should include which of the following? a. a debit to bond discount of $1,000 b a credit to bonds payable of $49,000. c a credit to bond premium of $1,000 d a debit to bonds payable of $50,000 12. A company issues bonds at 98, with a maturity value of $50,000. The entry the company

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