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Hello, I need help with this question please Thank you Chart of CHART OF ACCOUNTS Bryson Company General Ledger ASSETS REVENUE 410 Sales 610 Interest
Hello, I need help with this question please Thank you
Chart of CHART OF ACCOUNTS Bryson Company General Ledger ASSETS REVENUE 410 Sales 610 Interest Revenue 611 Gain on Redemption of Bonds 110 Cash 121 Accounts Receivable EXPENSES 126 Interest Receivable 127 Notes Receivable 131 Inventory 510 Cost of Goods Sold 515 Credit Card Expense 516 Cash Short and Over 142 Store 954 PM /13/2019 of 577 92 93 94 95 2 Chart of ET 710 Interest Expense 252 Discount on Bonds Payable 253 Premium on Bonds Payable 711 Loss on Redemption of Bonds ET ET EQUITY 311 Common Stock 315 Treasury Stock 321 Preferred Stock id-in Capital in Excess of Par-Preferred Stock 331 Paid-in Capital from Sale of Treasury Stock 352 Stock Dividends :55 PM 2/13/2019 b. Journalize the entries for the issuance of the note and the four annual note payments. Enter transactions for Year t on page 10 of the journal, Year 2 on page 12, Year 3on page 15, and Year 4 on page 17 Rofer to the Chart of Accounts for exact wording of account titles PAGE 10 ACCOUNTING EQUATION CE 12 55 PM Ins sChart of A tion table Journal Final Question c. Describe how the annual note payment would be reported on the Year 1 income sfatement would be reported on the income statement 3 more CheckStep by Step Solution
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