Activity Instructions

In this assignment, you will compute the issue price for bonds issued at par and determine the amount of interest expense that should be recorded on the financial statement during various dates. In addition, you will compute the amount of interest that should be paid to bond holders as of specific interim dates.

Complete P10-2 (page 536) and CP10-2 (page 541) from Chapter 10 of your Financial Accounting textbook.

Submission Requirements
All quantitative assignments must be completed on the Microsoft Excel templates provided. Create one workbook with multiple tabs, copying each problem’s template onto a separate tab and completing the work there. Submit this single file in the assignment area. Include your name and the assignment number in the file name; also include your name and the problem number on each tab of the document. All work should be shown. Assignments must not be submitted as a PDF.

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