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Iteru [2.4K]
3 years ago
10

The balance in the Bonds Payable account is a credit of $65,500. The balance in the Discount on Bonds Payable account is a debit

of $2,150. How much is the bond's carrying amount?
Business
1 answer:
yulyashka [42]3 years ago
8 0

Answer:

Bond's carrying amount = $63,350

Explanation:

This is a very trivial question and can be solved in just a very few lines.

Balance in Bonds Payable Account = $65,500

Discount on Bonds payable Account =  $2,150

The bond's carrying amount can be gotten by simply subtracting the discount on Bond's payable account from the balance in bonds payable account.

Carrying amount = (Balance in Bonds Payable Account) - (Discount on Bonds payable Account)

Carrying amount = $65,500 - $2,150

Carrying amount = $63,350

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kupik [55]

Answer:

A zero coupon bond:

A. is sold at a large premium.

B. has a price equal to the future value of the face amount given a positive rate of return.

C. can only be issued by the U.S. Treasury.

D. has less interest rate risk than a comparable coupon bond.

E. has a market price that is computed using semiannual compounding of interest.

Answer is : B

Explanation:

In classification of bonds we have a unique type of bond known as Zero-coupon bonds also know as Pure discount bonds, unlike traditional bonds they don’t pay coupon instead they are sold on discount basis and on maturity the bondholder receive a par value, for this reason the price will be at a discount on sale and on maturity be redeemed at par price showing a positive rate of return.

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4 years ago
Fill in the blank.... 10 PTS !!!
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3 years ago
Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives.
Norma-Jean [14]

Answer:

b $18.50

Explanation:

We have to divide the Procurement cost pool over the total number of order which is the cost driver of this activity.

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Now, we know the variables values so we can calculate the rate:

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6 0
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Answer:

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Explanation:

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Answer:

b. None of the listed answers

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