1: stock dividends and stock splits have the following effects on retained earnings

2; Bond interest paid is:

3:

out of On January 1Porter Corporation issued |$500,000,61% -year bonds at 100. Interest is payable July and January The company prepares financial statements on June 30 and December 31 only the journal entry on January I when the bonds are issued will include a out of On January 1Porter Corporation issued |$500,000,61% -year bonds at 100. Interest is payable July and January The company prepares financial statements on June 30 and December 31 only the journal entry on January I when the bonds are issued will include a