accounting problem help
Hartford Research issues bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds have a $25,000 par value and an annual contract rate of 10%, and they mature in 10 years. (Table B.1, Table B.2, Table B.3, and Table B.4) (Use appropriate factor(s) from the tables provided. Round all table values to 4 decimal places, and use the rounded table values in calculations.) |
1. | The market rate at the date of issuance is 8%. |
(a) |
Complete the below table to determine the bonds’ issue price on January 1, 2013. Need assignment help for this question?If you need assistance with writing your essay, we are ready to help you! OUR PROCESSOrderPaymentWritingDeliveryWhy Choose Us: Cost-efficiency, Plagiarism free, Money Back Guarantee, On-time Delivery, Total Сonfidentiality, 24/7 Support, 100% originality |
b) |
Prepare the journal entry to record their issuance. |
b)
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