Repоrting Finаnciаl Stаtement Effects оf Bоnd Transactions (FSET) On January 1, McKeown, Inc., issued $450,000 of 8%, 9-year bonds for $397,397, yielding a market ( yield) rate of 10%. Semiannual interest is payable on June 30 and December 31 of each year. a. Show computations to confirm the bond issue price. ● Note: Round your answers to the nearest whole dollar. Amount Present value of principal repayment ${#1} Present value of interest payments ${#2} Selling price of bonds b. Record the bond issuance, semiannual interest payment, and discount amortization on June 30, and semiannual interest payment and discount amortization on December 31, using the financial statement effects template. Use the effective interest rate method. ● Note: Use negative signs with your answers, when appropriate. ● Note: Select "N/A" as your answer if a part of the accounting equation is not affected. ● Note: Round your answers to the nearest whole dollar. Balance Sheet Income Statement Cash Noncash Contra Contrib. Earned Net Transaction Asset + Assets = Liabilities - Liability + Capital + Capital Revenue - Expenses = Income Jan. 1: Bond issuance. {#3} {#4} {#5} {#6} {#7} {#8} {#9} {#10} {#11} {#12} {#13} Jun. 30: Interest payment. {#14} {#15} {#16} {#17} {#18} {#19} {#20} {#21} {#22} {#23} {#24} Dec. 31: Interest payment. {#25} {#26} {#27} {#28} {#29} {#30} {#31} {#32} {#33} {#34} {#35}
Fоllоw these guidelines tо write body pаrаgrаph 1: Your paragraph must address this ethos topic: how the authors established their authority to write on the subject matter. Note: You are limited to discussing only the ideas written by the authors. As such, you cannot discuss the author information supplied by the publisher, and you cannot discuss the source of publication. Give each paragraph a relevant heading. Hint: Use the specific appeal strategy. Begin each body paragraph with a topic sentence that argues one of the authors more effectively used the specific appeal strategy than the other author. Do not use "ethos," "logos," or "pathos" in the topic sentences. Instead, state the specific appeal strategy. In the first half of the paragraph, discuss the author who made weaker use of the appeal strategy. You must point out, cite, and discuss at least one piece of relevant support/evidence to explain how they used the appeal strategy. In the first half of the paragraph, discuss the author who made stonger use of the appeal strategy. You must point out, cite, and discuss at least one piece of relevant support/evidence to explain how they used the appeal strategy. Conclude the paragraph with a brief discussion/explanation of why the second author's use of the strategy is better than the other author’s use Remember: Use APA style to integrate and cite source material.