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ANSWER ALL QUESTIONS FULLY SHOVNING ALL of S80,000.00 on Jan 1, 1. Marvin's Machines purchases Equipment with a Cost 2019. They paid delivery costs of

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ANSWER ALL QUESTIONS FULLY SHOVNING ALL of S80,000.00 on Jan 1, 1. Marvin's Machines purchases Equipment with a Cost 2019. They paid delivery costs of $2,500 and Installation Costs of $1,000.00. The Equipment has a $2,000.00 Salvage value an and a 4 Year useful life. During 2019 Devin paid $1,000.00 in additional maintenance and repair costs Required What is the Total Cost of the Equipment? Prepare and record the Depreciation Method for 2019? (i entry for thee Fauip a. b. annual Depreciation Using Straight-Line What is the Carrying Val 31, 2019? c. ue or Book Value of the Equipment on December onJan 1, 2019. Interest isp100,000face value 10year 8% bond at 95% price A. Record the issuance or sale of the Bond Payable to the investors on B. Record the Interest Payment on Dec 31st 2019. st of each year. Jan 1, 2019 3, Gillian's Gem's has Preferred Stock S 100 Par 8% (Dividend Rate-s8 per Share) and Common Stock with a S1 par value and has the following transactions for the year Gillian sells or issues 10,000 shares of Common Stock for $4 per share a. for cash on Jan 10, 2019 value for cash on Jan 30, 2019. Stockholders on March 8, 2019. b. Gillian sells or issues 1,000 shares of S 100 par 8% Preferred Stock at par c. Gillian declares and pays a $2.00 Cash Dividend to Common d. Gillian declares and pays the Preferred Cash Dividend on April 15, 2019. Required: Record the entries in the Journal. Tara's Treasures issues a 10 Year S 100,000 10% Face Value Bond Payable on Jan 1, 2019 at a 106% price. Interest is payable every Dec 31s 4. REQUIRED: A Record the Issuance of the Bond to Investors on Jan 1,2019 B Record the Annual Interest Payment on Dec 31st 2019

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