14 Ch0. 14 - Class Templates Students

14 Ch0. 14 - Class Templates Students - Name: Required 1....

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Name: Date: Ex: 14-6 Required 1. Chart of Accounts Cash Interest expense Bonds payable Premium on bonds payable Date Account Titles / Explanations Debit Credit 6/30/09 Cash Bonds payable Premium on bonds payable 12/31/09 Interest expense Premium on bonds payable Cash IE: 6%*$967,707; Cash: 6.5%*$900,000 6/30/10 Interest expense Premium on bonds payable Cash Check:
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Name: Date: Ex: 14-7 Required 1. TVM Calcs N I/Y PV PMT FV Required 2. Chart of Accounts Cash Interest expense Bonds payable Discount on bonds payable Date Account Titles / Explanations Debit Credit 1/1/09 Cash Discount bonds payable Bonds payable Required 3. 6/30/09 Interest expense Discount on bonds payable Cash Required 4. 12/31/16 Check:
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Name: Date: Ex: 14-11 Chart of Accounts Cash Interest expense Interest payable Bonds payable Discount on bonds payable Date Account Titles / Explanations Debit Credit 2/1/09 Cash 731,364 Discount bonds payable 68,636 Bonds payable 800,000 7/31/09 Interest expense 36,568 Discount on bonds payable 568 Cash 36,000 IE: 5%*$731,364; Cash: 4.5%*$800,000 12/31/09 Interest expense 30,497 Discount on bonds payable 497 Interest payable 30,000 IE:5%*(($731,364+$568)*5/6;IP:4.5%*$800,000*5/6 1/31/10 Interest expense 6,100 Interest payable 30,000 Discount on bonds payable 100 Cash 36,000 IE:5%*(($731,364+$568)*1/6;IP:4.5%*$800,000 Check: 903,165 903,165
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Date: Ex: 14-20 Chart of Accounts Cash Loss on extinguishment Bonds payable Discount on bonds payable Date
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14 Ch0. 14 - Class Templates Students - Name: Required 1....

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