![Business](/tpl/images/cats/ekonomika.png)
Business, 09.04.2021 02:40, aubreymoore9441
Claire Corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8 percent. The bonds mature in two years and pay interest quarterly every March 31, June 30, September 30, and December 31. All of the bonds were sold on January 1 of this year. Claire uses the effective-interest amortization method and does not use a discount account. Assume an annual market rate of interest of 12 percent. (FV of $1, PV of $1, FVA of $1, and PVA of $1)
1. Provide the journal entry to record the issuance of the bonds. (Round your final answers to the nearest whole dollar amount.)
2. Provide the journal entry to record the interest payment on March 31, June 30, September 30, and December 31 of this year. (Round your final answers to the nearest whole dollar amount.)
3. What bond payable amount will Claire report on this year's December 31 balance sheet? (Round your final answers to the nearest whole dollar amount.)
![answer](/tpl/images/cats/otvet.png)
Answers: 2
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 20:50, dakshshberry
Tyler has coffee with one of his direct reports almost daily. he does this to inquire in an informal way about progress on the job, and to provide coaching and support, as well as appropriate congratulations for special efforts. tyler is exhibiting which type of managerial skill?
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 08:30, aasiarobinson998
What is the key to success in integrating both lethal and nonlethal activities during planning? including stakeholders once a comprehensive operational approach has been determined knowing the commander's decision making processes and "touch points" including stakeholders from the very beginning of the design and planning process including the liaison officers (lnos) in all the decision points?
Answers: 1
Do you know the correct answer?
Claire Corporation is planning to issue bonds with a face value of $100,000 and a coupon rate of 8 p...
Questions in other subjects:
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 25.06.2019 23:30
![Konu](/tpl/images/cats/mkx.png)
![Konu](/tpl/images/cats/en.png)
English, 25.06.2019 23:30
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/istoriya.png)
History, 25.06.2019 23:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 25.06.2019 23:30
![Konu](/tpl/images/cats/biologiya.png)