When Patey Pontoons Issued 8% bonds on January 1,2024, with a face amount of $780,000,...
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When Patey Pontoons Issued bonds on January with a face amount of $ the market yleld for bonds of similar rlsk and maturity was The bonds mature December years Interest is pald semlannually on June and December Required: Determine the price of the bonds at January Prepare the journal entry to record thelr Issuance by Patey on January Prepare an amortization schedule that determines Interest at the effectlve rate each period. Prepare the Journal entry to record Interest on June What is the amount related to the bonds that Patey will report in Its balance sheet at December What is the amount related to the bonds that Patey will report in Its Income statement for the year ended December Ignore Income taxes. Prepare the approprlate journal entrles at maturlty on December Note: Use tables, Excel, or a financlal calculator. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $ Complete this question by entering your answers in the tabs below. Determine the price of the bonds at January Note: Round final answers to the nearest whole dollar. Round your percentage answer to one decimal place. 
When Patey Pontoons Issued bonds on January with a face amount of $ the market yleld for bonds
of similar rlsk and maturity was The bonds mature December years Interest is pald semlannually on
June and December
Required:
Determine the price of the bonds at January
Prepare the journal entry to record thelr Issuance by Patey on January
Prepare an amortization schedule that determines Interest at the effectlve rate each period.
Prepare the Journal entry to record Interest on June
What is the amount related to the bonds that Patey will report in Its balance sheet at December
What is the amount related to the bonds that Patey will report in Its Income statement for the year ended
December Ignore Income taxes.
Prepare the approprlate journal entrles at maturlty on December
Note: Use tables, Excel, or a financlal calculator. FV of $ PV of $ FVA of $ PVA of $ FVAD of $ and PVAD of $
Complete this question by entering your answers in the tabs below.
Determine the price of the bonds at January
Note: Round final answers to the nearest whole dollar. Round your percentage answer to one decimal place.
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