plz answer all questions On January 1, 2017, Bronson Corporation issued five-year, 6 % bonds payable

 
   

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On January 1, 2017, Bronson Corporation issued five-year, 6 % bonds payable with a face value of $2,300,000. The bonds were issued at 86 and pay interest on January 1 and July 1. Bronson amortzes bond dscounts using the straight-line method. On December 31, 2019, Bronson retired the bonds early by purchasing them at a market price of 90. The company's focal year ends on December 31. Read the reauirements Requirement 1. Journalize the issuance of the bonds on January 1, 2017. (Record debits first, then credts. Exclude explanations from any journal entries) Journal Entry Debit Accounts Credit Date 2017 Jan 1 Requirements 1. Jounalize the issuance of the bonds on Januery 1, 2017 2. Record the semiannual interest payment and amorization of bond dscount on Requirement 2. Record the semiannual interest payment and amortization of bond discourt on July 1, 2017. (Rocord debits Journal Entry July 1, 2017 Credit Record the inderest accrual and discount amorszation on December 31, 2017 Caloulate the carying value of the bonds payable on December 31, 2019 Accounts Debit 3. Date 4 2017 prior to their retirement 5. Caloulale the gain or loss on the relirement of the bonds payable on December 31, 2019, Indicato where this gain or loss wil appear in the financial statements Jul 1 Choose from any list or onter any number in the input fields and then continue to the next question Print Done Save for Later On January 1, 2017, Bronson Corporation issued five-year, 6 % bonds payeble with a face value of $2.300,000 Thee bonds wene issued at 86 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-line method. On Deoember 31, 2019, Bronson retired the bonds early by purchasing them at a market price of 90. The company's fscal year ends on December 31. Read the requirements Requirement 2. Record the semiannual interent payment and amortizaion of bond diecount on July 1, 2017. (Record debits first, then credts. Exolude explanatons from any jounal enries) Journal Entry Accounts Dater Debit Credit 2017 Jul 1 Requirements Requirement 3, Record the interest acorual and discount amontization on December 31, 2017, (Record debits first than ondi 1. Jounalze the issuance of the bonds on January 1, 2017 2. Record the semiannual interest payment and amortiztion of bond discount on July 1, 2017 3. Record the interest acorual and dinout amortization on December 31, 2017 4. Caloulate the carying value of the bonds payable on December 31, 2019 prior to their retrement, 5. Caloulate the gain or loss on the retirement of the bonds payable on December 31, 2019, Indicate where his pin or loss will acpear in the financial stalements Journal Entry Accounts Date Debit Credit 2017 Dec 31 Choose from any list or enter any number in the input feds and thern continue t0 the next guestion Save for Later Print Done On January 1, 2017, Bronson Corporation issued frve-year, 6 % bonds payabie with a face value of $2.300.000 The bonds were issued at 86 and pay interest on January 1 and July 1. Bronson amortizes bond discounts using the straight-ine method. On December 31, 2019, Bronson retired the bonds early by purchasing them at a market price of 90. The company's fscal year ends on December 31 Read the requirements Requirement 3. Recond the interest acorual and discount amortization on Deceber 31, 2017. (Recond debits first, then acredits. Exclude explanations from any jounal entries) Jounal Entry Accounts Debit Credit Date 2017 Dec 31 Requirements 1. Jounalize the issuance of the bonds on January 1, 2017 2. Record the semiannual interest payment and amortization of bond discount on Requirement 4. Caloulate the carying value of the bonds payable on December 31, 2019, prior to their retirement July 1, 2017 3. Record the intereat acorual and dacount amortization on Decembe 31, 2017 4. Caloulee the carying value of the bonds payable on December 31, 2019 prior to their retirement The caming value of the bonds payable on December 31, 2019, pror to their retirement is S Requirement 5. Caloulate the gan or loss on the retirement of the bonds payable on December 31, 2019 Indicate where this 5. Caloulee the gain or loss on the relirement of the bonds payable on December 31, 2010 Indcate where this gain or less wil appear in the financial statements Bronson Corporstion will report an) on the as Choose from any ist or enter any number in the input fields and then continue to the next question Sve for Later Print Done Requirements On January 1, 2017, Bronson Corporation issued five year, 6% bonds payable with a fece value of $2,300,000 The bonds were is discounts using the straight-line method On December 31, 2019, Bronson ratired the bonds early by purchasing them at a market Read the reouirements 1 Jounalize the issuance of the bonds on January 1, 2017 2. Recond the semiennual irterest payment and amorization of bond discount on Jaly 1, 2017 3 Record the interest accrual and discount amortization on December 31, 2017 4 Caloulate the carrying value of the bonds payabie on December 31, 2019 Requirement 3. Record the interest accnual and discount amortization on December 31, 2017 Record debibs first, than oredits Jounal Entry prior to their retirement 5 Calculate the gain or loss on the retirement of the bonds payable on December 31, 2019, Indicate where this oen or loss will appear in the financial statements Dater Accounts Debis Credit 2017 Dec 31 Print Done Requirement 4 Calaulate the carving value of the bonds payable on December 31, 2019, prior to their etirement The caying value of the bonds payable on December 31, 2019, prior to their retirement is Requirement 5. Caloulale the gain or loss on the retirement of the bonds payable on December 31, 2019 Indicale where this gain or loss wil acpear in the inanoel statements Broeson Corporation will report atn) on the Choose from any list or enter any number in the incut felds and then continue to the next questions Save for Later