chap014 BondsTP-F2011na_All_slides书籍.pptVIP

* Part IOn the date of issuance, Matrix will debit cash for $1,081,105, credit premium on bonds payable for $81,105, and credit bonds payable for $1 million. Part II The investor will debit investment in bonds for $1 million, debit premium on bonds payable for $81,105, and credit cash for $1,081,105. * Here is our completed effective interest method table. The effective interest of $43,244 at June 30, 2006, is determined by multiplying the carrying value of $1,081,105 times 4%. Once again, all amounts on this table are rounded to the nearest dollar. * * * In the last example we worked we h