Marin Inc. issues $252,000, 10-year, 7% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2022
Journal entry
date | account and explanation | Debit | Credit |
Mar 1 | Cash (252000*.98) | 246960 | |
Discount on bonds payable | 5040 | ||
Bonds payable | 252000 |
Shamrock, Inc. issues $266,000. 10-year, 10% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
Larkspur, Inc. issues $273,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
Teal Mountain Inc. issues $270,000. 10-year, 6% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
Brief Exercise 10-08 Skysong, Inc. issues $256,000, 10-year, 7% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work Concord Corporation issued 2,700 6%, 5-year, $1,000 bonds dated January 1, 2022, at face value. Interest is paid...
Larkspur, Inc. issues $262,000, 10-year, 10% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2022.
Current Attempt in Progress Marin Inc. issues $5.4 million, 10-year, 8% bonds at 101, with interest payable on January 1. The straight-line method is used to amortize bond premium Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not inden manually Date Account Titles and Explanation Debit Credit Jan. 1
Brief Exercise 10-08 Splish Brothers Inc. issues $257,000, 10-year, 8% bonds at 99. Prepare the journal entry to record the sale of these bonds on March 1, 2022.
Larkspur, Inc. issues $251,000, 10-year, 10% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
Larkspur, Inc. issues $251,000, 10-year, 10% bonds at 96. Prepare the journal entry to record the sale of these bonds on March 1, 2022. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
Sheridan Company issues $3,000,000, 10-year, 9% bonds at 98, with interest payable each January 1. Prepare the journal entry to record the sale of these bonds on January 1, 2020. Assuming instead that the above bonds sold for 107, prepare the journal entry to record the sale of these bonds on January 1, 2020.