11. Prepare a trial balance using the following account balances: cash $4,275, accounts receivables $0, supplies $9,720, prepaid insurance $2,400, equipment $26,000, accounts payable $6,200, unearned consulting revenue $3,000, C. Taylor Capital $30,000, C. Taylor Withdrawls $200, consulting revenue $5,800, rental revenue $300, salaries expense $1,400, rent expense $1,000 and utilities expense $305. (Totals should be $45,300)

12. On July 1 a company issues a $100,000 bond that pays interest semi-annually. The first interest payment of $2,150 is paid on January 1. What is the stated annual interest rate on the bond?

13. Juniper, Inc. invests its excess cash in Barton Industries, Inc. and aquires 6,300 shares for $27,5 per share. Juniper, Inc. owns less than 3% of Barton Industries voting stock and plans to hold the stock for three years. What is the correct journal entry for the transaction?

14. On January 1, 2022, Sonja Drive-Ins borrowed money by issuing $650,000, 10 year, 8% bonds payable at 102. The bond pays interest twice a year on July and January 1. The market rate of interest on the date of issuance was 7%. What is the cash interest that will be paid to the bondholders every six month