Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / On June 30 2017Flounder Company issued $3800000 face value of 13 20year bonds at $4085872 ...

On June 30 2017Flounder Company issued $3800000 face value of 13 20year bonds at $4085872 a yield of 12 Flounder uses the effective interest method to amortize bond premium or discount

On June 30, 2017, Flounder Company issued $3,800,000 face value of 13%, 20-year bonds at $4,085,872, a yield of 12%. Flounder uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest on June 30 and December 31.

2)The payment of interest and the amortization of the premium on December 31, 2017.

(3)The payment of interest and the amortization of the premium on June 30, 2018.

(4)The payment of interest and the amortization of the premium on December 31, 2018.

 

Mar 22 2020 View more View Less

Answer (UnSolved)

question Get Solution

Related Questions