chapter 14 part 2 - premium on bonds payable 2000 cash...

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BE 14-7 1-Jan Cash 644,636 Discount on Bonds payable 44,636 Bonds payable 600,000 1-Jul bond interest expense 19339.08 discount on bonds payable 1660.92 cash 21000 31-Dec bond interest expense 19339.08 bond interest payable 21000 Discount on Bonds payable 1660.92 BE 14-9 Long term liabilities 2168000 BE 14-11 Cash 495000 premium on bond payable 15000 bond issue cost 5250 bond payable 515250 E14-1 a) other classification b) current liability c) current liability d) current liability e) long term liability f) current liability g) longterm liability h) current liability i) current liability E14-2 a) current liability b) current liability c) current liability d) current liability d) long term liability f) Long term liability g) current liability h) long term liability i) long term liability E14-4 a) 14 part 2 homework-BE14-7, BE14-9, BE14-11, E14-1, E14-2, E14-4, E14-5, E14-6, E14-7, E14-9, E14-12, E
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cash 816000 premium on bonds payable 16000 bond payable 800000 b) bond interest expense 40000 premium on bonds payable 2000 cash 42000 c) bond interest expense 42000
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Unformatted text preview: premium on bonds payable 2000 cash 40000 E14-5 cash 816000 premium on bonds payable 16000 bond payable 800000 bond interest expense 39863.64 premium on bonds payable 136.36 cash 40000 E14-6 bond interest expense $242,946.94 every january 1 for 5 years discount amortization E14-7 E14-9 cash 5,376,150 premium on bonds payable 376,150 bond payable 5,000,000 bond interest expense 322569 premium on bonds payable 2431 cash 325000 bond interest expense 322569 premium on bonds payable 2431 cash 325000 E14-12 E14-16 a) cash 449,911 interest on note payable 55,606.98 notes payable 505,518 cash 376,000 interest on note payable 24000 note payable 400,000 E14-17 a) 390,000 12% b) Cash 4,000,000 interest on note payable $1,856,395.36 note payable $5,856,395.36 E14-21 a) no it will not because the bank reduced the interest rates and amount of debt the bank o b) yes E14-16, E14-17, E14-21, E14-22, E14-23, E14-24 owed before paying it...
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This note was uploaded on 04/14/2011 for the course ACCT 3202 taught by Professor Kenmichael during the Spring '11 term at University of Minnesota Duluth.

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chapter 14 part 2 - premium on bonds payable 2000 cash...

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