What is the bond carrying value reported, Accounting Basics

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What is the bond carrying value reported

On January 1, 2013, Zebra Corporation issued 1,300 of its 10%, $1,000 bonds at 98.5. Interest is payable semiannually on January 1 and July 1. The bonds mature on January 1, 2023. Zebra paid $56,000 in bond issue costs. Zebra uses the straight-line amortization method. What is the bond carrying value reported in the December 31, 2013, balance sheet?

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Accounting Basics: What is the bond carrying value reported

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Accounting Basics: What is the bond carrying value reported

Reference No:- TGS0675769

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Determine the projected sales units

Q : The direct method of allocating service

Q : Compute the gain or loss on the transfer of the receivables

Q : How to calculate the ending inventory

Q : What is the bond carrying value reported

Q : How much is the firm-s net working capital

Q : What is effective interest rate established by the market

Q : Find annual after-tax cost of debt to company on issue

Q : What is the process inventory

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the bond carrying value reported

Reference No:- TGS0675769

Recent Questions Asked Accounting Basics

Q : Determine the projected sales units

Q : The direct method of allocating service

Q : Compute the gain or loss on the transfer of the receivables

Q : How to calculate the ending inventory

Q : What is the bond carrying value reported

Q : How much is the firm-s net working capital

Q : What is effective interest rate established by the market

Q : Find annual after-tax cost of debt to company on issue

Q : What is the process inventory

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