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A Ten-Year Bond Has a Face Value of $10,000,a Face

Question 52

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A ten-year bond has a face value of $10,000,a face interest rate of 11 percent,an unamortized bond premium of $400,and an effective interest rate of 10 percent.The bonds were issued on one of its semi-annual interest payment dates.The entry to record the bond interest expense on the first semi-annual interest payment date is : (assuming the effective interest method of amortization) ,


A)
A ten-year bond has a face value of $10,000,a face interest rate of 11 percent,an unamortized bond premium of $400,and an effective interest rate of 10 percent.The bonds were issued on one of its semi-annual interest payment dates.The entry to record the bond interest expense on the first semi-annual interest payment date is : (assuming the effective interest method of amortization) , A)    B)    C)    D)
B)
A ten-year bond has a face value of $10,000,a face interest rate of 11 percent,an unamortized bond premium of $400,and an effective interest rate of 10 percent.The bonds were issued on one of its semi-annual interest payment dates.The entry to record the bond interest expense on the first semi-annual interest payment date is : (assuming the effective interest method of amortization) , A)    B)    C)    D)
C)
A ten-year bond has a face value of $10,000,a face interest rate of 11 percent,an unamortized bond premium of $400,and an effective interest rate of 10 percent.The bonds were issued on one of its semi-annual interest payment dates.The entry to record the bond interest expense on the first semi-annual interest payment date is : (assuming the effective interest method of amortization) , A)    B)    C)    D)
D)
A ten-year bond has a face value of $10,000,a face interest rate of 11 percent,an unamortized bond premium of $400,and an effective interest rate of 10 percent.The bonds were issued on one of its semi-annual interest payment dates.The entry to record the bond interest expense on the first semi-annual interest payment date is : (assuming the effective interest method of amortization) , A)    B)    C)    D)

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