Bonds Issued at Par with Accrued Interest Journal Entry Examples, Concepts, Illustrations, Sample Help Online
If you are looking for Bonds Issued at Par with Accrued Interest Journal Entry Examples, Concepts, Illustrations and Calculations to do your assignments, homework or project then you are at the correct place.
Understanding the concept of Bonds Issued at Par with Accrued Interest
Bonds issued at par, it means when a bond is first issued it is sold at par that is the face value of the bond. Sometimes bond prices include accrued interest that is the interest earned between coupon payment dates. suppose a company issues bond on January 1 at its par value plus accrued interest then the company will receive 100% of the bond’s face value plus one month of accrued interest.
Services We Offer
Services Provided for Accounting
Accounting always put student on worries and stress. But with Assignment Consultancy for your help, you can remove all your worries by going through our various services:-
- Financial Accounting Homework Help
- Accounting Assignment Help Online
- Financial Accounting Assignment Help
- Managerial Accounting Homework Help
- Do my accounting Homework
- Accounting Case Study Assignment Help
- Finance accounting case studies assignment help
- Taxation homework help
- US tax codes homework help
- Advance Accounting homework help
- Cost Management Homework Help
- Australian Taxation Assignment help
- Ratio analysis assignment help
- Accountancy online exam help
- Accounts online exam help
Features for Accounting Assignment Help Services
We believe in providing no plagiarism work to the students. All are our works are unique and we provide Free Plagiarism report too on requests.
Best Customer Service
Our customer representatives are working 24X7 to assist you in all your assignment needs. You can drop a mail to firstname.lastname@example.org or chat with our representative using live chat shown in bottom right corner.
Three Stage Quality Check
We are the only service providers boasting of providing original, relevant and accurate solutions. Our three stage quality process help students to get perfect solutions.
All our works are kept as confidential as we respect the integrity and privacy of our clients.
Most of our clients are from UK, USA, Australia, Canada , UAE, New Zealand, Doha, Qatar, Muscat, Netherlands, France, Italy, Great Britain, Singapore, Malaysia looking for quality and accurate solutions.
Yash Batra, Student , UK University
“Great Experts to provide real time Accounts help services. They are just best in their approach”
Reham Fayad, Student MBA, USA
“They have some of the best USA experts to provide Accounts help online and also help me in my online exams.”
Graham Golith, Lancashire University, UK
“Best place to get all help in Accounts Essay and Exams. Will definitely recommend to all”
Bonds Issued at Par with Accrued Interest Journal Entry Examples Explanation
The concept can be better understood with help of an example.
Example: a company issued a 9% $1000000 bond on January 1, 2014. The bond will mature in 5years and interest is required to be paid on June 30 and Dec 31 till the date of maturity. The bond is issued on Feb at par plus accrued interest.
The accrued interest amounts to $750 ($1000000 x (% x ½). The issuing company will receive $100750. The journal entry will be as follows
Cash Dr. $100750
To Bonds Payable $1000000
To Interest Payable $750
If you are looking for similar Bonds Issued at Par with Accrued Interest Journal Entry Examples type assignment, click here . You can visit us for more examples here.