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hi!please answer number 2 Foley Mountain Company Trial Balance 11/30/17 C Dr 112.000 127,000 1,000 50,000 65,000 62,000 75,000 0 32,000 106,000 Cash Accounts Receivable
hi!please answer number 2
Foley Mountain Company Trial Balance 11/30/17 C Dr 112.000 127,000 1,000 50,000 65,000 62,000 75,000 0 32,000 106,000 Cash Accounts Receivable Allowance for Doubtful Accounts Short Term Note Receivable Supplies Inventory Equipment Building Accumulated Depreciation Copyright Accounts Payable Dividends Payable Interest Payable Unearned Revenue ST Note Payable LT Mortgage Payable Bonds Payable Premium on Bonds Payable Common Stock - $1.75 par Paid In Capital In Excess of Par- -CS Preferred Stock - $5 par Paid In Capital In Excess of Par-PS Treasury Stock Retained Earnings Dividends Sales Revenue Sales Returns & Allowances Sales Discounts Cost of Goods Sold Bad Debts Expense Depreciation Expense Wages Expense Rent Expense Insurance Expense Supplies Expense Interest Revenue Interest Expense Gain on Sale of Equipment Income Tax Expense Total 12,000 0 0 22.000 45,000 0 125,000 16,840 175,000 86,000 1,000 50,000 0 3,500 2,000 480,160 10,000 3,000 46,000 30,000 26,000 160,000 98,000 25,000 16,000 1,000 6,500 15,000 46,000 1,065,500 1,065,500 noun RAGES OF THIS DOCUMENT IN YOUR ASSIGNMENT SUBMISSION 2. The Company is about to issue $2,000,000 of 5-year, 12% bonds. Interest will be paid semi- annually. The market interest rate for such securities is 10%. How much can The Company expect to receive from the sale (issuance) of these bonds Step by Step Solution
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