answer all the following On November 1, 2020, Yardley Distributors...
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answer all the following
On November 1, 2020, Yardley Distributors Inc, issued a $754,000,6%, two-year bond Interest is to be paid semiannually each May 1 and November 1 (Use TABLE 14A1 and TABLE 14A 2) Note Use table values for PV calculations. (Use appropriate factor(s) from the tables provided.) Required: a. Calculate the issue price of the bond assuming a market interest rate of 8% on the date of the bond issue. (Do not round intermediate calculations, Round the final answer to the nearest whole dollar Enter all the amounts os positive values.) a ples of a band b. Using the effective interest method, prepare an amortization schedule. (Do not rbund intermediate calculations. Round the final answers to the neprest whole dollar. Enter all the amounts as positive values.) Canh Interest Pald Period interest Expense Discount Amortization Unamonized Discount Carrying Value Period Ending Nov 120 May 121 b. Using the effective interest method, prepare an amortization schedule (Do not round intermediate calculations. Round the final answers to the nearest whole dollar. Enter all the amounts os positive values.) Cash Interest Paid Potlod interest Expense Discount Amortization Unamortized Discount Carrying Vale Period Ending Nov 1/20 May 121 Nov 1/21 May 1722 Nov 122 Totals 0 0 $ 05 05 0
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