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Rev 775 No No Download Needed Needed Form

Rev 775 No No Download Needed Needed Form

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Instructions and help about business expense affidavit fill

okay exercise nine-nine is the third installment of the exercise nine-seven trilogy you remember we started with this one and this was a nine percent bond selling in a nine percent market well now we have a 9 percent bond in 99 we have a 9 percent bond that is selling in an 8 percent market so our bond is 9 percent the market is 8 percent therefore this bond will sell for a premium notice the carrying value at the date of inception is greater than the face value of 500,000 so given that we have to go through and we have to look at the amount of premium we will be amortized each time remember we're still going to be paying nine percent times five hundred thousand times 612 we're still going to be paying that amount okay so every interest date we're still going to be sending out twenty two thousand five hundred and that was the number we figured out at the beginning in nineteen when we had to come up with the interest five hundred thousand nine percent 612 that&am

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