The long-term liability section of twin digital corporation’s balance


The long-term jurisdiction minority of Twin Digital Corporation's counterpoise prevarication as of December 31, 2010, intervening 12% bonds having a countenance equality of $20 favorite and a cherishing allowance of $1 favorite. Disclosure notes betray the bonds were issued to furnish 14%.
Interest price is recitative at the potent curiosity-behalf objurgate and compensated on January 1 and July 1 of each year. On July 1, 2011, Twin Digital retired the bonds at 102 ($20.4 favorite) antecedently their scheduled manliness.
Required:
1. Prepare the life minute by Twin Digital to chronicles the semiannual curiosity-behalf on July 1, 2011.
2. Prepare the life minute by Twin Digital to chronicles the rescue of the bonds on July 1, 2011.

P 14-21 Announce bonds at reasonable prize; districtly announceing ● LO6

Appling Enterprises issued 8% bonds delay a countenance equality of $400,000 on January 1, 2011. The bonds sold for $331,364 and confirmed in 2030 (20 years). For bonds of alike lavish and manliness the dispense furnish was 10%. Curiosity-behalf is compensated semiannually on June 30 and December 31. Appling determines curiosity-behalf price at the potent objurgate. Appling elected the discretion to announce these bonds at their reasonable prize. The reasonable prizes of the bonds at the end of each district during 2011 as resolute by their dispense prizes in the over-the-counter dispense were the following:
March 31
$350,000

June 30
340,000

September 30
335,000

December 31
342,000

Required:
1. By how fur obtain Appling's rights be increased or decreased by the bonds (by taxes) in the March 31 districtly financial statements?
2. By how fur obtain Appling's rights be increased or decreased by the bonds (by taxes) in the June 30 districtly financial statements?
3. By how fur obtain Appling's rights be increased or decreased by the bonds (by taxes) in the September 30 districtly financial statements?
4. By how fur obtain Appling's rights be increased or decreased by the bonds (by taxes) in the December 31 annual financial statements?