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Calculator Show Me How eBook Print Item Entries for Issuing and Calling Bonds; Gain Emil Corp. produces and sells wind-energy-driven engines. To finance its operations,

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Calculator Show Me How eBook Print Item Entries for Issuing and Calling Bonds; Gain Emil Corp. produces and sells wind-energy-driven engines. To finance its operations, Emil Corp. Issued $1,742,000 of 20-year, 13% callable bonds on May 1, 2011, at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions: 2011 May 1 Issued the bonds for cash at their face amount Nov. 1 Pald the interest on the bonds. 2015 Nov. 1 Called the bond issue at 96, the rate provided in the bond Indenture. (Omit entry for payment of interest.) Issued the bonds for cash at their face amount. 2011, May 1 Paid the interest on the bonds 2011, Nov. 1 Called the bond issue at 96, the rate provided in the bond Indenture. (Omit entry for payment of interest.) For a compound transaction, if an amount box does not require an entry, leave it blank 2015, Nov. 1 Previous Check My Work 2 more Check My Works remaining Journalize the entries to record the following selected transactions: 2011 May 1 Issued the bonds for cash at their face amount. Nov. 1 Pald the interest on the bonds. 2015 Nov. 1 Called the bond issue at 96, the rate provided in the bond indenture, (Omit entry for payment of interest.) Issued the bonds for cash at their face amount. 2011, May 1 Pald the interest on the bonds 2011, Nov. 1 Called the bond issue at 96, the rate provided in the bond indenture. (Omit entry for payment of interest.) For a compound transaction, if an amount box does not require an entry, leave it blank 2015, Nov. 1 Previous Next > Check Hy Work 2 moto Check My Worsroman

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