Sandhill Power Ltd. issues bonds and receives proceeds of $54,652,500. The bonds mature in 13...
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Sandhill Power Ltd. issues bonds and receives proceeds of $54,652,500. The bonds mature in 13 years and carry a 8.4% inter paid semi-annually. The bonds were issued at a price of 121.45 to yield 6%. (a) Your answer is correct. Show the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is er Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry credit entry.) eTextbook and Media List of Accounts Attempts: 1 o (b1) Determine the face value of the bonds. Face value of the bonds $ Show the journal entries to record the first two semi-annual interest payments on these bonds. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125. List all debit entries before credit entries.)
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Sandhill Power Ltd. issues bonds and receives proceeds of $54,652,500. The bonds mature in 13 years and carry a 8.4% inter paid semi-annually. The bonds were issued at a price of 121.45 to yield 6%. (a) Your answer is correct. Show the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is er Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry credit entry.) eTextbook and Media List of Accounts Attempts: 1 o (b1) Determine the face value of the bonds. Face value of the bonds $ Show the journal entries to record the first two semi-annual interest payments on these bonds. Ignore year-end accruals of interest. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Round answers to 0 decimal places, e.g. 125. List all debit entries before credit entries.) 