Tell me about the world of bond. What are they?! How does acompany make money on these? How do the investors make money onthese? What is the straight line amortization method? Discounts?Premiums?

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Alpha company purchased a $1,000, 5%, 5-year bonds at 97 and was held to maturity. The straight line method of amortization is used for both premiums & discounts. What is the net cash received over the life of the bond investment?

blackspider479

step by step ,how do we find the straight -line for amortization bond preiums or discount ....max and his connets has $8,000,000 of 9.5%, 7-year bonds dated March 1, with interest payable on March 1 and September 1. The companyâs fiscal year ends on November 30th. max and his uses the effective method to amortize bond premiums or discounts.

Assume the bonds were issued at 102.5 on March 1 to yield an effective interest rate of 9.2 percent. Prepare journal entries for March 1, September 1 and November 30.

Assume the bonds were issued at 97.5 on March 1 to yield an effective interest rate of 9.8 percent. Prepare the journal entries for March 1, September 1 and November30.

3. Assume the bonds are issued om June 1 at face value plus accrued interest. Prepare the journal entries for March 1, September 1 and November30

yellowcattle26

Joseph Company issued $793,000, 13%, 10-year bonds on December 31,2009, for $730,000. Interest is payable semiannually on June 30 andDecember 31. Joseph Company uses the straight-line method toamortize bond premium or discount.

I only need help on finding the discounts on bonds payable forpayment of interest and the discount amortization on june 30,2010

The payment of interest and the discount amortization on June 30,2010. (For multiple debit/credit entries, list amounts from largestto smallest eg 10, 5, 3, 2.)
Date Account/Description Debit Credit
2010
June 30 Bond interest expense ?
Cash 51545
Discounts on bonds payable ?

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Tell me about the world of bond. What are they?! How does acompany make money on these? How do the investors make money onthese? What is the straight line amortization method? Discounts?Premiums?

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