weegy
Answer
Search
More
Help
Account
Feed
Signup
Log In
Question and answer
Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
Log in for more information.
Question|Rated bad
Asked 1/9/2010 8:32:04 AM
Updated 5/25/2023 12:02:49 AM
1 Answer/Comment
f
Get an answer
Search for an answer or ask Weegy.
Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
Original conversation
User:
Please how do i calculate this problem and enter it in a journal entry: If a company issues 10-year, 8%, $100,000 bonds paying interest on an annual basis, at a $5,200 premium, the annual interest expense on the bonds will be:
Weegy:
100,000*52,00= 52,000,0000
Expert answered|cash84366|Points 3898|
User:
The amount suppose to be less than the amount of interest payments to bondholders each year.
Log in for more information.
Question|Rated bad
Asked 1/9/2010 8:32:04 AM
Updated 5/25/2023 12:02:49 AM
1 Answer/Comment
New answers
Rating
3
Rhed°88
Stocks Value and Bond: The amount suppose to be less than the amount of interest payments to bondholders each year.
Log in for more information.
Added 5/25/2023 12:02:49 AM
This answer has been confirmed as correct and helpful.
Comments
There are no comments.
Add an answer or comment
Log in
or
sign up
first.
Questions asked by the same visitor
How do i calculate this problem and enter it in a journal entryA company sold $750,000 of bonds for $725,000 in January. The bonds mature in 10 years and pay interest annually on December 31. If the company properly recorded the payment of interest and amortization of the discount using the effective interest method at the end of the first year the carrying value will be:
Weegy:
(More)
Question
Expert Answered
Updated 8/1/2023 12:09:23 AM
1 Answer/Comment
3
GojoSenpai
1. Calculate annual interest payment: $750,000 (face value) * interest rate (as a decimal).
2. Calculate annual amortization of the discount: $725,000 (cash received) - (annual interest payment).
3. Carrying value at the end of the first year = Carrying value at the beginning of the year - Annual amortization of the discount.
Added 8/1/2023 12:09:23 AM
This answer has been confirmed as correct and helpful.
See all questions asked by the same visitor
39,981,252
questions answered
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of
really smart
live experts.
Popular Conversations
Explain the role of the immune system in fighting infections.
6/20/2025 6:36:13 AM| 4 Answers
Name the first civilization to develop writing systems.
Weegy: Writing is language in a textual medium through the use of a set of signs or symbols (known as a writing ...
6/16/2025 5:42:31 AM| 3 Answers
The "Epic of Gilgamesh" originates from which ancient ...
6/17/2025 4:41:31 PM| 3 Answers
a "fad" diet?
Weegy: A fad diet is a diet that becomes popular for a short time, similar to fads in fashion, without being a standard ...
6/17/2025 6:44:01 PM| 3 Answers
In literature, what does the term "foreshadowing" refer to? A. ...
6/18/2025 8:02:36 AM| 3 Answers
What was the primary tool used by early man during the Paleolithic ...
Weegy: Paleolithic means of or relating to the time during the early Stone Age when people made rough tools and weapons ...
6/19/2025 8:01:39 AM| 3 Answers
Which legislation established FEMA in 1979? a) Stafford Act b) ...
6/19/2025 8:06:29 AM| 3 Answers
Which phase of emergency management involves restoring services and ...
6/19/2025 8:07:05 AM| 3 Answers
Who is the author of "Invisible Man"? A) Ralph Ellison B) Richard ...
6/19/2025 2:56:59 PM| 3 Answers
Which play features the tragic hero Oedipus? A) Oedipus Rex B) ...
6/19/2025 2:57:10 PM| 3 Answers
Which of the following is a defensive driving technique? a) Ignoring ...
6/20/2025 9:22:12 AM| 3 Answers
Which of the following is an example of a current liability? a) Bonds ...
6/21/2025 9:34:51 AM| 3 Answers
GET
Answers.
GET THE APP.
weegy*
*
Get answers from Weegy and a team of
really smart
live experts.
Top Ranked Experts *
Order
Points
Ratings
Comments
Invitations
mysticeyes17
S
L
Points
161
[Total
961
]
Ratings
2
Comments
141
Invitations
0
Offline
soferlatina
S
L
P
P
P
Points
103
[Total
931
]
Ratings
0
Comments
103
Invitations
0
Offline
Ctleo
S
L
Points
103
[Total
115
]
Ratings
7
Comments
33
Invitations
0
Online
Habrie
S
L
1
1
Points
33
[Total
585
]
Ratings
3
Comments
3
Invitations
0
Offline
Pauline Atieno
S
Points
10
[Total
10
]
Ratings
0
Comments
0
Invitations
1
Offline
Bennu
S
Points
9
[Total
9
]
Ratings
0
Comments
9
Invitations
0
Offline
Mimaismyeverything
S
L
C
Points
8
[Total
4084
]
Ratings
0
Comments
8
Invitations
0
Offline
Cecil^_^
S
Points
8
[Total
8
]
Ratings
0
Comments
8
Invitations
0
Offline
rsmcse7
S
Points
3
[Total
3
]
Ratings
0
Comments
3
Invitations
0
Offline
narendera
S
Points
1
[Total
1
]
Ratings
0
Comments
1
Invitations
0
Offline
Find»
* Excludes moderators and previous
winners
(
Include
)
Home
|
Contact
|
Blog
|
About
|
Terms
|
Privacy
| ©
Purple Inc.
