6.Pop-Up, Inc. manufactures a boutique line of toasters, and prepares monthly financial statements.Show how the following transactions affect the firm's assets, liabilities, and stockholders' equities (including dollar amounts):

a)On June 1, Pop-Up paid off a 9%, 2-month note to the bank dated April 1.The face value of the note was $20,000, and interest had been properly accrued at the end of April and May.

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b)On June 15, Pop-Up gave Stamp-M-Out Co. a $600,000 8%, 6-month note payable in order to purchase some manufacturing equipment.

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c)On June 30, Pop-Up accrued interest on the June 15^th note.

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d)On June 30, Pop-Up estimated that future warranty repairs on toasters that were sold in June will be approximately $15,000.

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e)During June, employees at Pop-Up earned wages of $70,000. Withholdings for these wages included $2,250 for the employees' share of social security (FICA), $7,500 for federal income tax, $2,200 for state income tax, and $500 for union dues.Workers will be paid for June work on July 1.

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f)During June, the firm also incurred payroll tax expenses that included $2,250 for its share of FICA, $200 for federal unemployment tax (FUTA) and $700 for state unemployment tax (SUTA).

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g. Nicely Brown, the Vice-President of Pop-Up, was overheard at a meeting saying that bonds issued at a premium are definitely better than bonds issued at a discount.Since you do not want your firm's Vice-President to sound foolish in public, explain to Ms. Brown why bonds sometimes sell at a discount and sometimes at a premium.