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hi can you please help me with all these question. @ 1 74%. . 11:04 PM a courses.yorkvilleu.ca Question 1 Time Traveler Magazine completed the

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hi can you please help me with all these question.
@ 1 74%. . 11:04 PM a courses.yorkvilleu.ca Question 1 Time Traveler Magazine completed the following transactions during 2016: Oct 31: Sold one-year subscriptions, collecting cash of $1,750, plus HST of 13%. Dec 31: Remitted (paid) HST to Canada Revenue Agency (CRA). Dec 31: Made the necessary adjustment at year-end 1. Journalize these transactions and then report any liability on the company's balance sheet at December 31st Question 4 On June 30, 2016, the market interest rate is 7%. Starship Enterprises issues $500,000 of 8%, 20- year bonds at 110.625. The bonds pay interest on June 30 and December 31. Starship amortizes bonds by the effective-interest method. 1. Record issuance of the bonds on June 30, 2016, the payment of interest at December 31, 2016, and the semi-annual interest payment or June 30, 2017. Question 5 Alliance Agreement Corporation is considering two plans for raising $2,500,000 to expand its current operations. The first plan involves the sale of $2,500,000, 8%, 10-year bonds sold at face value. The second plan involves selling 50,000 common shares at $50 each. Alliance Agreement Corporation currently has outstanding 200,000 shares of stock and net income of $900,000. Either plan is expected to generate additional income of $400,000 before interest and taxes. The income tax rate is 30%. 1. Calculate earnings per share for both plans. Question 6 Loki Corporation earned net income of $90,000 during the year ended December 31 2016. On December 15, Loki had declared the annual cash dividend on its $0.35 preferred shares (5,000 shares issued for $80,000) and a $0.40 per share cash dividend on its common shares (20,000 shares issued for $60,000). Loki then paid the dividends on January 4, 2017 1. Journalize the following for Loki Corporation: Declaring the cash dividends on December 15, 2016 Paying the cash dividends on January 4, 2017. 2. Did Retained Earnings increase or decrease during 2016? If so, by how much

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