Question
Do It! Review 10-3a Ayayai Corp. issues $305,000of bonds for $320,250. Prepare the journal entry to record the issuance of the bonds. (Credit account titles
Do It! Review 10-3a
Ayayai Corp. issues $305,000of bonds for $320,250.
Prepare the journal entry to record the issuance of the bonds.(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
SHOW LIST OF ACCOUNTS
LINK TO TEXT
Show how the bonds would be reported on the balance sheet at the date of issuance.
AYAYAI CORP.
Balance Sheet (Partial)
Current Assets
Current Liabilities
Intangible Assets
Long-term Investments
Long-term Liabilities
Property, Plant and Equipment
Stockholders' Equity
Total Assets
Total Current Assets
Total Current Liabilities
Total Intangible Assets
Total Liabilities
Total Liabilities and Stockholders' Equity
Total Long-term Investments
Total Long-term Liabilities
Total Property, Plant and Equipment
Total Stockholders' Equity
$
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Less
:
$
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