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Analyzing and Reporting Financial Statement Effects of Bond Transactions On January of the current year....

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Analyzing and Reporting Financial Statement Effects of Bond Transactions On January of the current year. Truman Corporation issued $400,000 of 20 year, 11% bonds for 1369.908 yielding a market rate of 124. Interest is payable semana on June 30 and December 31 (a) Confirm the bond issue price Round your answers to the nearest whole number Present value of principal repayments 38,889 Present value of interest payments 5 331,019 Semne price of bonds 5369.900 (b) indicate the financial statement effects using the template for (1) bond issuance, (21 semiannual interest payment and discount amortuation on June 30 and 39 manual interest payment ar discount amortization on December 31 of the current year Round answers to nearest whole number. Use negative signs with answers, when appropriate Balance Sheet lecome Statement Noncash Contributed Earned Net Transaction Cash Asset Assets Liabilities Capital Capital Revenue Expenses Income 369.908 O 362908 0 D O 0 1220000 OX OM (1944) 0 22.1942 02.11442 DX D (206.09) ON 122.000 22.20607 12.06.09 eas >>>

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