# Issuance of Bonds Assignment | Top Universities

Sunland issued \$320,000 of 5%, 5-year bonds on January 1, 2021. Interest is payable semi-annually.

Don't use plagiarized sources. Get Your Assignment on
Issuance of Bonds Assignment | Top Universities
Just from \$13/Page

Calculate the price of the bond: (a) 4%, (b) 5%, and (c) 6%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided. The round final answer to 0 decimal places, e.g. 5,275.)

Click here to view the factor table. Present Value of 1
Click here to view the factor table. Present Value of an Annuity of 1

Market interest rate of 4% Market interest rate 5% (a) \$enter a dollar amount rounded to 0 decimal places (b) \$enter a dollar amount rounded to 0 decimal places (c) \$enter a dollar amount rounded to 0 decimal places

Prepare the journal entry to record the issuance of the bond assuming the market rate of interest is: (a) 4%, (b) 5%, and (c) 6%. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.)

No. Account Titles and Explanation Debit Credit
(a) enter an account title to record issuance of bonds enter a debit amount enter a credit amount
enter an account title to record issuance of bonds enter a debit amount enter a credit amount
(To record issuance of bonds.)
(b) enter an account title to record issuance of bonds enter a debit amount enter a credit amount
enter an account title to record issuance of bonds enter a debit amount enter a credit amount
(To record issuance of bonds.)
(c) enter an account title to record issuance of bonds enter a debit amount enter a credit amount
enter an account title to record issuance of bonds enter a debit amount enter a credit amount
(To record issuance of bonds.)

Get Accounting Homework Help Today

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Choose Us

Quality Papers

At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.

With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.

Affordable Prices

Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.

On-Time delivery

My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.

100% Originality

Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.

Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: support@myhomeworkwriters.com.

Try it now!

## Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
\$0.00

How it works?

Follow these simple steps to get your paper done

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Homework Writing Services

My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.

## Essay Writing Services

At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.