Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a...

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Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at the end of four years. Olve uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds: P10-10 Part 1 Required: 1. Complete the amortization schedule. Note: Enter all your values in positive. Round your final answers to nearest whole dollar amount. Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below nertains to the bonds: P10-10 Part 2 2. When the bonds mature at the end of 204, what amount of principal will Olive pay investors? Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31 . The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds: P10-10 Part 3 3. How much cash was received on the day the bonds were issued (sold)? Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below.] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31 . The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amontisation schodule helow nertains to the bonds: P10-10 Part 4 4. Were the bonds issued at a premium or a discount? If so, what was the amount of the premium or discount? Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31 . The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds: P10-10 Part 5 5. How much cash will be disbursed for interest each period and in total over the life of the bonds? Required information P10.10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10.5 [The following information applies to the questions displayed below] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31 . The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below Dertains to the bonds: P10-10 Part 6 6. What is the coupon rate? Note: Enter your answer as a percentage rounded to 1 decimal ploce (i.e. 0.123 should be entered as 12.3 ). Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below] On January 1 of this year. Olive Corporation issued bonds. Interest is payable once a year on December 31 . The bond mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below Dertains to the bonds: P10-10 Part 7 7. What was the annual market rate of interest on the date the bonds were issued? Note: Enter your answer os o percentage rounded to 1 decimal place (i.e. 0.123 should be entered as 12.3 ). Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31. The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below pertains to the bonds: P10-10 Part 8 8. What amount of interest expense will be reported on the income statement for 202 and 203 ? Note: Round your final answers to nearest whole dollar amount. Required information P10-10 (Algo) Preparing a Bond Amortization Schedule for a Bond Issued at a Premium LO10-5 [The following information applies to the questions displayed below.] On January 1 of this year, Olive Corporation issued bonds. Interest is payable once a year on December 31 . The bonds mature at the end of four years. Olive uses the effective-interest amortization method. The partially completed amortization schedule below nertains in the hnnre P10-10 Part 9 9. What amount will be reported on the balance sheet for bonds payable at the end of 202 and 203

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