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1 Required information [The following information applies to the questions displayed below.) Part 1 of 2 20 oints Doyle Company issued $233,000 of 10-year, 4
1 Required information [The following information applies to the questions displayed below.) Part 1 of 2 20 oints Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. 00 Hint Complete this question by entering your answers in the tabs below. Print Reg A1 Reg A2 References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the issue of bonds payable. Note: Enter debits before credits Date General Journal Debit Credit Jan 01 Record entry Clear entry View general Journal Reg A1 Req A2 > 1 Required information (The following information applies to the questions displayed below.] Part 1 of 2 20 points Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Req A1 Reg A2 r References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the purchase of land. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Record entry Clear entry View general journal 1 ! Part 1 of 2 - Required information (The following information applies to the questions displayed below.] Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. 20 points eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Reg A1 Req A2 References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the receipt of lease revenue for Year 1. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 1 Part 1 of 2 Required information [The following information applies to the questions displayed below. Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. 20 goints eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Reg A1 Reg A2 References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the interest expense for bonds payable for Year 1. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Reg A1 Req A2 > 1 Part 1 of 2 Required information [The following information applies to the questions displayed below.) 20 Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. points eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Req A1 Req A2 References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry to close revenue and expense accounts for Year 1. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal Req A1 Req A2 > 1 ! Part 1 of 2 Required information [The following information applies to the questions displayed below.) Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. 20 points eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Reg A1 Reg A2 lo References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the receipt of lease revenue for Year 2. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal Reg A1 Req A2 > 1 ! Part 1 of 2 Required information [The following information applies to the questions displayed below.) Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. 20 points eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Reg A1 Req A2 References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet LLLLLLLLLLL Record the interest expense for bonds payable for Year 2. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general journal 1 ! Required information [The following information applies to the questions displayed below. Part 1 of 2 - 20 points Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. eBook Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. Hint Complete this question by entering your answers in the tabs below. Print Reg A1 Reg A2 References Prepare the journal entries for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the entry to close revenue and expense accounts for Year 2. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record entry Clear entry View general Journal 1 Part 1 of 2 Required information [The following information applies to the questions displayed below. Doyle Company issued $233,000 of 10-year, 4 percent bonds on January 1, Year 1. The bonds were issued at face value. Interest is payable in cash on December 31 of each year. Doyle immediately invested the proceeds from the bond issue in land. The land was leased for an annual $76,000 of cash revenue, which was collected on December 31 of each year, beginning December 31, Year 1. 20 points Required a. Prepare the journal entries for these events, and post them to T-accounts for Year 1 and Year 2. eBook ce Hint Complete this question by entering your answers in the tabs below. Print Req A1 Reg A2 Post the entries to T-accounts for Year 1 and Year 2. (Select "cl" for all the closing entries.) References Cash Land Year 1 Year 1 1 End. Bal. End. Bal. Year 2 Retained Earnings Year 1 End. Bal. . Bonds Payable End. Bal. Year 1 Year 2 End. Bal. End. Bal. Lease Revenue Interest Expense Year 1 Year 1 End. Bal. Year 2 End. Bal. Year 2 End. Bal. End. Bal.
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