Comparing Bonds Issued at Par, Discount, and Premium Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds: 11eb7f6e_01cf_aedb_9b93_4de8104ac8cc_SM1709_00 Required: 1. Provide the following amounts to be reported on the January 1, 2012, financial statements immediately after the bonds are issued: 11eb7f6e_01cf_aedc_9b93_a1acdcce09d4_SM1709_00 TIP: See Exhibit 10.5 for an illustration distinguishing Bonds Payable from their carrying value. 2. Assume that a retired person has written to you (an investment adviser) asking, "Why should I buy a bond at a premium when I can find one at a discount Isn't that stupid It's like paying list price for a car instead of negotiating a discount." Write a brief message in response to the question.

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

النسخة 4الرقم المعياري الدولي: 978-0078025372

تمرين 95

Comparing Bonds Issued at Par, Discount, and Premium
Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds:

Required:
1. Provide the following amounts to be reported on the January 1, 2012, financial statements immediately after the bonds are issued:

TIP: See Exhibit 10.5 for an illustration distinguishing Bonds Payable from their carrying value.
2. Assume that a retired person has written to you (an investment adviser) asking, "Why should I buy a bond at a premium when I can find one at a discount Isn't that stupid It's like paying list price for a car instead of negotiating a discount." Write a brief message in response to the question.

التوضيح

موثّق

(1) Provide the following amounts to be ...