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Bramble Co . sold $ 2 , 9 5 0 , 0 0 0 , 9 % , 1 0 - year bonds on January

Bramble Co. sold $2,950,000,9%,10-year bonds on January 1,2027. The bonds were dated January 1,2027, and pay interest on
January 1. Financial statements are prepared annually.
(a)
Your answer is correct.
Prepare a tabular summary to record issuance of the bonds assuming they sold at (1)101 and (2)98.(If a transaction causes a
decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular
Asset, Liability or Equity item that was reduced.)
(1)
(2)
eTextbook and Media
List of Accounts
(b)
Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 101 at December 31,2027.
Bramble Co.
Balance Sheet (Partial)
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Show the long-term liabilities balance sheet presentation for issuance of the bonds sold at 98 at December 31,2027.
Bramble Co.
Balance Sheet (Partial)
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