How to caclulate the balance sheet amount for bonds


How to caclulate the Balance Sheet amount for bonds payable and interest payable for the Dec 31, 2012 Balance Sheet: At December 31, bonds payable of $101,970,000 are outstanding. The bonds pay 10% interest every September 30 and mature in installments of $29,628,000 every September 30, beginning September 30, 2013.

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Accounting Basics: How to caclulate the balance sheet amount for bonds
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