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33. JKL Co mpany will issue $2,000,000 in 12 percent, 10 year bonds when the market rate of interest is 10 percent. Interest is paid
33. JKL Co mpany will issue $2,000,000 in 12 percent, 10 year bonds when the market rate of interest is 10 percent. Interest is paid semiannually Required: Determine bow much cash JKL Company should realize from the bond issue (5 points). 7,895 34. On December 31, 2017, Central Freight reported 2018, Central wrote off S17,000 in accounts.reccivable. I an allowance for uncollectible accounts Included in the write-off was Roskoffs of s15.300. During ormoration's account in the amount of $750, Roskoff subsequently paid this balance. At December 31, uncollectible accounts of $14,900 Required: Prepare all implied journal entries (using proper format) relative to bad debt expense and the ysis of the accounts receivable aging schedule indicated the need for an allowance for allowance for uncollectible accounts (6 points). DATE ACCOUNT PRI DEBIT | CREDIT Dec 31l Pod debt Expense Alla incollect 150 50
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