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Carla Vista Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. 2. 3. On January 1,
Carla Vista Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. 2. 3. On January 1, 2022, 1,000, 8%, 5-year, $1,000 bonds dated January 1, 2022, were issued at face value. On July 1, $825,000, 9%, 5-year bonds dated July 1, 2022, were issued at 101. On September 1, $355,000, 7%, 5-year bonds dated September 1, 2022, were issued at 99. Prepare the journal entries to record each bond transaction at the date of issuance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit Carla Vista Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. On January 1,2022,1,000,8%,5-year, $1,000 bonds dated January 1,2022 , were issued at face value. 2. On July 1, $825,000,9%,5 year bonds dated July 1, 2022, were issued at 101 . 3. On September 1,\$355,000, 7\%, 5 year bonds dated September 1, 2022, were issued at 99. Prepare the journal entries to record each bond transaction at the date of issuance. (Credit occount titles are automatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem.) Bonds Payabie Cash Premiumon Bondi Pryable Aonds Pryatie Cash Diccunt on tionds Parabies
Carla Vista Company has issued three different bonds during 2022. Interest is payable annually on each of these bonds. 1. 2. 3. On January 1, 2022, 1,000, 8%, 5-year, $1,000 bonds dated January 1, 2022, were issued at face value. On July 1, $825,000, 9%, 5-year bonds dated July 1, 2022, were issued at 101. On September 1, $355,000, 7%, 5-year bonds dated September 1, 2022, were issued at 99. Prepare the journal entries to record each bond transaction at the date of issuance. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
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