Adjusted Trial Balance 31/12/2017 Credit 143,650 124,000 1.000 59.000 55.000 75.000 300,000 32.000 94,000 Cash Accounts receivable Allowance for doubtful account Short term Note receivable Supplies Inventory Equipment Building Accumulated depreciation Copyright Accounts Payable Dividends Payable Interest Payable chearned revenue ST Note Poyable LT mortgage Payable Bonds Payable Premium on bonds Payable Common Stock Poid in capital in Excess of Por- cs. $5 Part Paid in Capital in Excess of Par 12.000 213,000 200 10,000 15,000 998, 200 200,000 24,987 106,500 90,500 $ 1.50 Par PS Treasury stock Retained earnings Dividends sales revenue sales returns & allowances Sales discounts Cost of sales 50,000 550 3,500 215.000 494,160 7000 3000 46,000 Bad debt spense Depreciation esperise Wages expense Rent expense Insurance esperise Supplies expense Interest revenue Interest spense sale of equipment Income tax esperise 5,ooo 16,000 160,000 98,000 25,000 16,000 1,000 26,847 Gain on 15,000 + 46,000 1568,047 1,568,047 1. What will be the balance in the Mortgage Payable Account at Jan. 31, 2018 after the second Supplemental Questions monthly payment is made? 2. The Company is about to issue $2,000,000 of 5-year, 12% bonds. Interest will be paid semi- annually. The market interest rate for such securities is 10%. How much can The Company expect to receive from the sale (issuance) of these bonds