p411 8-7B - 204000 retirement of bonds 204000 1-Jul bonds...

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Semianual interest date interest payment 4% of maturity value interest expense 4.5% 31-Dec 30-Jun 20000 21150 31-Dec 20000 21201.75 30-Jun 20000 21255.83 31-Dec 20000 21199.32 31-Dec cash 470000 discount on bonds payable 30000 convertible bonds payable 500000 30-Jun interest expense 21150 discount on bonds payable 1150 cash 20000 30-Dec interest expense 21201.75 discount on bonds payable 1201.75 cash 20000 1-Jul pay of bonds (200000*1.02)
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Unformatted text preview: 204000 retirement of bonds 204000 1-Jul bonds payable 200000 common stock(50000X1) 50000 pain in capital in excess of par commision 150000 discount amoritization disount account balance carrying bond account 30000 470000 1150 28850 471150 1201.75 27648.25 472351.75-1255.83 28904.08 471095.92-1199.32 30103.4 469896.6...
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p411 8-7B - 204000 retirement of bonds 204000 1-Jul bonds...

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