Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on january 1 , a company issued a $50,000 face val

On January 1 , a company issued a $50,000 face value, 8% five-year bond for...

60.1K

Verified Solution

Question

Accounting

image On January 1 , a company issued a $50,000 face value, 8% five-year bond for $46,139 that will yield 10%. Interest is payable on June 30 and December 31. What is the bond carrying amount on December 31 of the current year? $46,768$47,106$46,139$46,446

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

a) A 13-card Bridge hand is dealt from a standard deck. What is the percentage chance...

Basic Math
Q

According to the Rational Root Theorem,-2/5is a potential rational root of which function?f(x) = 4x^4-7x+x+25f(x)...

Basic Math
Q

ate the indefinite integral 16 dx 1 16x 5

Calculus
Q

GIA STATE The administration conducted a survey to determine the proportion of students wh ride...

Calculus
Q

29 Write the following in scientific notation 0 0000009114 O9 114 x 10 O9 114...

Algebra
Q

16 yd 4 yd 9 yd 8 yd 7 yd

Algebra
Q

Melissa Ostwerk, the new controller of TurboDrives, Inc., has just returned from a seminar on...

Accounting
Q

Which is better and why? statistical sampling or non-statistical sampling.

Accounting
Q

A new subdivision was recently built within the city limits of Hattenville, Mississippi. The City...

Accounting
Q

6. Luther Gullik classifies the function of management as. A. O POSDCORA B. O POSTCARD...

Accounting
Q

er S1, 201 E15-8 Presented below and on page 678 are three independent situations. Longbine...

Accounting
Q

Robertson Resorts is considering whether to expand their Pagosa Springs Lodge. The expansion will create...

Accounting