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Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
النسخة 3الرقم المعياري الدولي: 978-0132962339 تمرين 32
Retiring bonds payable
Oldcity, Corp., has $1,750,000 of callable bonds payable outstanding, with a bond premium of $35,000 on May 31, 2012, immediately after an interest payment. Oldcity decides to retire the bonds when the call price is 105 and the market price is 103.
Requirements
1. What is Oldcity's carrying amount of its callable bonds payable prior to the retirement
2. Journalize Oldcity's retirement of the bonds payable. No explanation is required.
Oldcity, Corp., has $1,750,000 of callable bonds payable outstanding, with a bond premium of $35,000 on May 31, 2012, immediately after an interest payment. Oldcity decides to retire the bonds when the call price is 105 and the market price is 103.
Requirements
1. What is Oldcity's carrying amount of its callable bonds payable prior to the retirement
2. Journalize Oldcity's retirement of the bonds payable. No explanation is required.
التوضيح
موثّق
موثّق
1. This exercise requires application of...
Financial & Managerial Accounting 3rd Edition by Charles Horngren,Harrison, Walter,Suzanne Oliver
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