I am mostly having trouble with section e-g. -Bar Co. sold bonds on January...
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Accounting
I am mostly having trouble with section e-g.
-Bar Co. sold bonds on January 1, 2012. The bonds pay interest on January 1 and July 1 and I-Bar. Data relating to these bonds are as follows: 100,000 Stated Rate Effective Rate Face Issued at 890 10% 92.278% Instruetions a) Caleulate the Semi Annual Bond Interest Rates Stated Rate b) Calculate the Cash Received from the Bond Sale Ann Semi-Annual Effective Rate Cash Received c Prepare the journal entry to record the issuance of the bonds on January 1, 2012 01/01/12 d) CaleulateheSemi-Annual Interest Payment Interest to be Paid
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