what bonds payable amount will denzel report on its june 30 balance sheet? (enter all amounts as positive values. round your intermediate calculations and final answers to whole dollars.)

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24-11-2022
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what bonds payable amount will denzel report on its june 30 balance sheet? (enter all amounts as positive values. round your intermediate calculations and final answers to whole dollars.)

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contexto1026 contexto1026 · Answer 1 · 2022-12-02T10:30:08+01:00

The bond collectible quantity that Denzel can report on its record on June thirty supported the face price, and also the coupon rate is $ 756, 296.

It is calculated by multiplying the $11,246 (carrying price of the bonds) times 100% (market interest rate) × / (semiannual payment). the quantity of interest paid is $600 ($10,000 face price of bonds × twelve-tone system coupon rate × / period of time payments).

Usually, public utilities issue bonds to assist finance a replacement electrical power plant, hospitals issue bonds for brand-new buildings, and governments issue bonds to finance comes, in operation deficits, or to redeem older bonds that are maturing.

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