-83- 1 Nornal No Spac. Heading 1 Heading 2 T Subtitle Subtle Em... Emphauis Intense E... Strong Quote Ints Styles You are an accounting intern working for SpringEit Corporation. You have recently been assigned to belp ose of the accountants who is doing an internal audst of the business. You will be asasting with a review of the payables issued by SpingFit Corporation. Your furst task is to review the previous year's journal entries, shown as follows Journal Eatries, Year I ENERAL JOURNAL 1,008, 960 00 Premiom on Boods Payable 58,960 00 Boods Pryable 950,000.00 18,427.00 PremiumBonds Payable 2.948 00 Casb 2137500 Jul 1 Cash 1921,280.00 Discoust on Bonds Payable 8,720.00 Beds Payable 2,000,000 00 Dec. 31 Inerest Expse 18,427.00 Prmim on Beeds Payable 2945.00 2131500 3 31 Tanerest Expmse 1,360.00 Discount on Botds Payable 6,38000 5,000 00 Cas 78,414.00 aterest Expase ,414 00 Eaton Y20 Dnvd kob nenm PRJ 159