cetokosintentSessionlocator=&inprogress=false Entries for issuing bonds Instructions Chart of Accounts Journal Instructions Thomson Co. produces and distributes semiconductors for use by computer manufacturers. Thomson Co. issued $360,000 of 10-year, 11% bonds on May 1 of the current year at face value, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Joumalize the entries to record the following selected transactions for the current year. Refer to the Chart of Accounts for exact wording of account titles. May 1 Nov. 1 Issued the bonds for cash at their face amount Paid the interest on the bonds Recorded accrued interest for two months Dec 31 whitfoot inic, a software development firm has stock outstanding as follows: 20,000 shares of cumulative preferred 2% stock, $20 par, and 25,000 shares of 25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, 3,000; second year 55,000; third ar, 536,000; fourth year, 676,000 alculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a ven year, enter"0" 1st Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share) 2nd Year