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(8 Crade) On 1/1/2020, Blue Company issued 5 year, 9% bonds with a par valor of $500,000. The company at www Required: (1) Prepare the

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(8 Crade) On 1/1/2020, Blue Company issued 5 year, 9% bonds with a par valor of $500,000. The company at www Required: (1) Prepare the journal entry to record the bondsonce on 1/1/2020 (2) Prepare the journal entry to record the interest payment and the amortization of hond incommon (3) Prepare the journal entry to record the repayment of bonds on 31/12/2024 Question 2 (4.5 Grades) On January 1, 2021, the stockholders' equity section of Seltec was a two year, the following treasury stock transactions occurred March 5: Purchased 5,000 shares for cash at $14 per she April 25. Sold 2.000 treasury shares for cash at 515 perhe June 25: Sold 3,000 treasury shares for that $11 per she Required: Prepare journal entries to record the above treasury stock transactions CASA CREDITS Example XYZ Company pays $10,000 can to purchase and Answer Moving to another question will save this response Question 3 (7.5 Grades) Hamad Town Company had the following balances in the stockholders' equity accounts at Dec. 31,2020: - Common stock, $10 par, 50,000 shares authorized, 30,000 shares issued and outstanding - Paid in Capital in Excess of Par Value, Common Stock $300,000 200,000 - Retained Earnings 500,000 The following transactions occurred during 2021: 1. Feb. 20. Purchased 2,000 of its own shares for $ 18 per share 2 March 10: Declared a $2 per share cash dividend on the outstanding common stock 3. April 07: Paid the cash dividends declared early in March 10 4 May 20 Sold all treasury shares for $19 each 5. Oct 1: Declared 10% stock dividends on the outstanding common stock for the record of Nov 1 and to be distributed on Dec. 10.1 6. Dec. 10: Distributed the shares which declared on Oct. 1 7. Dec. 25. Implemented a 2-for-1 stock split, when the market value of stock was $26 per share NOTE: If there is no entry, please write: "NO ENTRY" Required: Prepare Journal entries to record transactions that occurred during 2021 CLEARLY INDICATE THE DEBLES Moving to another question will save this response Question 4 The costs of bringing a corporation into existence, including legal fees, promoter foes, and wounts paid to obtain a charter we called O A Cumulative costs O B. Minimum legal capital O c Stock subscriptions OD. Organization costs

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