1.     Issuance of Common stock

2.     Issuance of preferred stock- state dividend terms

3.     Purchase of treasury stock

4.     Payment of a Cash dividend

5.     Issuance of a stock dividend

6.     Issuance of a face value annual rate interest bond

7.     Issuance of a semi-annual interest rate bond @ a discount OR premium

8.     Payment of interest on bond (1^st)

9.     Year end bond interest accrual (2^nd) - with straight line amortization

10.  Purchase of equipment with a long term note payable

11.  Purchase of a debt investment

12.  Accrual of debt investments interest

13.  Purchase of a stock investment (15% and classify as trading or available-for-sale)

14.  Dividend payment from stock investment

15.  Fair value adjustment of stock investment

16.  Purchase of stock investment 35%

17.  Dividend payment from stock investment 35%

18.  Income recognition from stock investment 35%

Include 22 additional journal entries (can be any of your choice) but must include:

Inventory

COGS

AR

AP

Revenues

Expenses

Equipment along with its depreciation for the year and income tax expense.

YOU WILL THEN NEED TO PROVIDE SENTENCE EXPLANATIONS FOR ALL JOURNAL ENTRIES

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Could you please create simple numbers for the journal entries and sentence explanations for each of the requirements! Thank you!

Ex.

For the 1) Issuance of common stock, create a sentence explanation that includes the numbers and then write the journal entry.

Thank you!