12

12/31/2020 - Even though the Bond from event 3 above will not be paid this year, BA Tech needs to record an adjusting entry as of today. The company uses straight-line amortization for bond premiums and discounts.

15

12/31/2020 - BA Tech performed its annual inventory count for its periodic inventory. The total cost of ending inventory in the warehouse is listed to the right. Record all necessary adjustments related to ending inventory in this periodic environment.

1,738,773,206

Event 3:

3	12/1/2020 - Issued new bonds for the amount to the right (i.e., this is the amount of cash BA Tech received).	$ 203,000
	The bonds are payable in 10 years at 8% annual interest (first payment is due on January 1). The par value of the bonds is to the right.	$ 200,000

Current Inventory:

1,553,392,454