# I only need answers for bonds that were issued at 98 not 101 Amortization of a...

###### Question:

I only need answers for bonds that were issued at 98 not 101

Amortization of a Bond Discount and Premium On September 1, 2018, Evansville Lumber Company issued $80 million in 20-year, 10 percent bonds payable. Interest is payable semiannually on March 1 and September 1. Bond discounts and premiums are amortized at each interest payment date and at year-end. The company's fiscal year ends at December 31. Instructions a. Make the necessary adjusting entries at December 31, 2018, and the journal entry to record the payment of bond interest on March 1, 2019, under each of the following assumptions. 1. The bonds were issued at 98. (Round to the nearest dollar.) 2. The bonds were issued at 101. (Round to the nearest dollar.) b. Compute the net bond liability at December 31, 2019, under assumptions 1 and 2. (Round to the nearest dollar.) c. Under which of these assumptions, 1 or 2, would the investor's effective rate of interest be higher? Explain. ## Answers #### Similar Solved Questions 1 answer ##### You have two clients that are considering trading machinery with each other. Although the machines are... You have two clients that are considering trading machinery with each other. Although the machines are different from each other, you believe that an assessment of expected cash flows on the exchanged assets will indicate the exchange lacks commercial substance. Your clients would prefer that the ex... 1 answer ##### Hi I need help.I'll rate the work. It's due in 15 minutes. When you turn down... Hi I need help.I'll rate the work. It's due in 15 minutes. When you turn down the volume on the TV, the sound gets quieter. What can be said about the sound waves in this scenario? (Outcome 1) Question 14 options: 1) The wavelength has decreased 2) The amplitude has de... 1 answer ##### Ethnic Group Laid Off Not Laid Off Total Black Americans 130 1382 1512 White Americans 87... Ethnic Group Laid Off Not Laid Off Total Black Americans 130 1382 1512 White Americans 87 2813 2900 Total 217 4195 4412 Using the contingency table above, calculate the odds ratio for odds of being laid off by ethnic group. Leave your answer as a proportion an... 1 answer ##### Immobility Ms. Cavallo, 97 years of age, has been a resident at the rehabilitation unit for... Immobility Ms. Cavallo, 97 years of age, has been a resident at the rehabilitation unit for 6 weeks. She has been receiving rehabilitation therapy following the repair of her fractured left hip. The nursing assistive personnel (NAP) tells you that Ms. Cavallo has not been finishing her meals over th... 1 answer ##### Constants Part A A flat sheet is in the shape of a rectangle with sides of... Constants Part A A flat sheet is in the shape of a rectangle with sides of lengths s and 38. The sheet is immersed in a uniform electric field E directed at an angle θ from the plane of the sheet as shown (Figure 1). 118-30° , find an expression for the magnitude of the electric flux throu... 1 answer ##### Tyson Iron Works is about to go public. It currently has aftertax earnings of$4,700,000, and...
Tyson Iron Works is about to go public. It currently has aftertax earnings of $4,700,000, and 4,400,000 shares are owned by the present stockholders. The new public issue will represent 600,000 new shares. The new shares will be priced to the public at$30 per share with a 4 percent spread on the of...
##### A) What is the purpose of a denial-of-service attack? b) Which programs directly attack the victim...
a) What is the purpose of a denial-of-service attack? b) Which programs directly attack the victim in a distributed denial-of-service attack? c) What is a collection of compromised computers called? d) What is the person who controls them called? e) To what computer does the attacker send messages d...
##### Sorry this html browser can not display this math symbols, instead, please click the LTEXA)r 0.9078...
sorry this html browser can not display this math symbols, instead, please click the LTEXA)r 0.9078 pdf file button below SELECT ALL APPLICABLE CHOICE B)r 1.0558 C)0.9958 D) None of these Ten pairs of data yield r = 0.944 and the regression equation y-3x + 6. Also у--3.1 what is the best predi...
##### Please show all work and answer all parts. Thank you! 1. In the photoelectric effect, incident...
Please show all work and answer all parts. Thank you! 1. In the photoelectric effect, incident blue light on a metal Incoming blue light (abeled the "emitter") causes cellector plate mitter plate electrons to be emitted from the surface. All such emitted electrons have the same speed. The...
##### A small space probe of mass 180 kg is launched from a spacecraft near Mars. It...
A small space probe of mass 180 kg is launched from a spacecraft near Mars. It travels toward the surface of Mars, where it will eventually land. At a time 22.6 seconds after it is launched, the probe is at location <4000, 8700, 0> m, and at this same instant its momentum is <50000, -7400, ...
##### How do you graph y = -cos ( x- pi/4)?
How do you graph y = -cos ( x- pi/4)?...
##### Design 3- to – 8 decoder using logic gates with enabler, AND, NOT, etc..? Design 3- to – 8 decode...
Design 3- to – 8 decoder using logic gates with enabler, AND, NOT, etc..? Design 3- to – 8 decoder using only two 2-to-4 decoders graphical blocks, use enabler input? a) Design a 3-bit ripple-carry adder using AND, OR, NOT, EXOR, etc.; include carry-in (Cin), carry-out (Cout) and overflo...