Bonds payable

On January 1, 2011, Janson Bottle Company sold $600,000 in long-term bonds for $555,370. The bondswill mature in 10 years and have a stated interest rate of 5% and a yield rate of 6%. The bonds pay interestsemi-annually on June 30 and December 31 of each year. The bonds are to be accounted for under theeffective interest method..Answer DateJan.1st2011Jun30th ParticularsCashDiscount on bonds payableBonds payable Amount $555,37044,630 600,000 Interest ExpenseDiscount on bondspayableCash 31stDec. Amount $…

We help you get better grades, improve your productivity and get more fun out of college!!

Get 25% Discount on Your First Order








How it works – it’s easy


Place your Order

Submit your requirements through our small easy order form. Be sure to include and attach any relevant materials.

Make a payment

The total price of your order is based on number of pages, academic level and deadline.


Writing process

We assign the assignment to the most qualified tutor. When the tutor completes the assignment, it is transferred to one of our professional editors to make sure that the assignment meets all of your requirements.

Once complete, we’ll send your assignment via the email provided on the order form.



Achieve academic success with the best online tutors.