03) JOURNALIZE THE FOLLOWING ENTRIES (MARKSEACH) ABC CO. PRUCHASED (LENDED MONEY) TREASURY BONDS WITH THE FOLLOWING DETAILS 33.000 INT PMT DATES: 29TH FEB.JOTH AUG BUYING WORTH OF BOND DATE OF BUYING THE BOND COUPON RATE 30TH APRIL 1096 SEMI ANNUAL PMTS SYEAR BOND INTEREST PMT DATES 30TH JAN 30TH JULY CALCULATE SEMI ANNUAL INTEREST PAYMENTS ANNUAL INTEREST PAYMENTS JOURNALIZE THE FOLLOWING ENTRIES C. 30TH APRIL PURCHASE OF BOND D 30TH JULY FIRST INTEREST REVEARNED E DECIST END OF FINANCIAL YEAR F 31ST JAN SECOND INTEREST REVEARNED 31ST JAN SOLD HONDS AT 12 WITH COMMISSION SOO CALCULATE SELLING PRICE EXCLUDING COMMISSION 1 BISTJAN OURNALIZE SALE OF INVESTMENT SHARES 3 ARE THIR SHARES SOLDATALOSS OR GAIN? 04) (20 MARKS) ON THE BASIS OF THE FOLLOWING DATA FOR BRANCHCO, FOR THE CURRENT AND PRECEDING YEARS ENDED DECEMBER 31, PREPARE A STATEMENT OF CASH FLOWS USING THE INDIRECT METHOD. ANSUME 100 000 EQUIPMENT WAS PURCHASED, ON CASHI COSTING LAND WAS SOLD FOR NET INCOME EANED IN CURRENT YEAR DIVIDENDS DECLARED AND EARNED 12.000 44100 14400 STOCK WAS ISSUED FOR CASH BALANCE SHEET PRIOR YEAR CURRENT YEAR 52000 CASH ACCOUNTS RECEIVABLE (NET) 43200 68000 62400 INVENTORIES 5200 72000 @ 16000 LAND EQUIPMENT ACCUMULATED DEPRECIATION 396000 296000 -172000 126400 16 0 0 44000 42800 160000 136000 ACCOUNTS PAYABLE (MERCHANDISE CREDITORS) COMMON STOCK, SIO PAR PAID-IN CAPITAL IN EXCESS OF PAR-COMMON STOCK RETAINED EARNINGS 49600 48000 140N0G 171200 1600