13-2A - 13-2A 1 Cash Premium on Bonds Payable Bonds Payable...

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Unformatted text preview: 13-2A 1 Cash Premium on Bonds Payable Bonds Payable (.28380)(800000)= 227040 (11.01851)(56000)= 617037 844,077 2a. Interest Expense Premium on Bonds Payable Cash (44,077/20) Interest Expense Premium on Bonds Payable Cash 53796 844,077 ### 800,000 53,796 2204 56,000 2b. 53,796 2204 56,000 3 4 Yes because no matter what the cost, investors will always get a return on this inve a return on this investment. ...
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13-2A - 13-2A 1 Cash Premium on Bonds Payable Bonds Payable...

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