I really need help with all of these problems before 2:00 PM eastern standard time tomorrow, 5/01/2019. Thank you!
Problem 2: ( 20 points ) Prepare journal entries for each of the following transactions :" March 1 : Declared a 10 %6 stock dividend to common stockholders " , market value was $ 40 .0.0 per share . Par value is $ 10.00 per share . There are 50.0, 000 shares of common stock outstanding . March 15: Issued a stock dividend in settlement of the dividend declared on March 1 . October 10 : Declared a 35%6 stock dividend to common stockholders ' . "The market value of the Common stock is $ 30 per share . The par value is $ 10. 00 . There are 750 , 000 shares Of common stock outstanding . October 25: issued a stock dividend in settlement of the dividend declared on October 10 . Date Description Debit Credit 1 - Mar Description :" 15 - Mar Description 10 - Oct Description ! 25 - Oct DescriptionProblem 3 : ( 20 points ) The Crowder Company has the following bond issue :" Date of issue and sale : April 1 , 20 * 1 Principal amount :* $ 3 , 000 , 000 Denomination of each bond : $ 1 , 500 Life of bonds : 10 years Stated rate of interest : 6% , payable semi - annually each April 1 and October 1 . Required : Record the following journal entries . Assume that on April 1 the stated rate was the same as the current market rate . 1 ) The sale and issuance of the bonds at face value on April 1 . 2 ) The first semi - annual interest payment on October 1 . 3 ) The adjusting entry for the accrued interest from October 1 to December 31 . 4 ) Assume that 75 of the bonds are redeemed on April 1 ( 4 years after issuance ) for 105 . Date Description Debit Credit Apr 1 , 20 X 1 S S Description Oct 1 , 20 * 1 S S Description Dec 31 , 20 *1 S S Description Jan 1 , 20 * 2 S S Description :" Apr 1 , 20 X6 S S Description :" Apr1 , 20X6) S Description : Redeemed Bonds at 105Problem 5: (35 points ) Required : Using the financial information below , prepare both a horizontal and vertical* Analysis . Show the increase ( decrease ) and the percentage change ( round the percentage To 2 decimal places ) . Northland Company Comparative Income Statements For the Year Ended December 31 , 20 X 2 and 20 * 1 20 * 2 20 X 1 Vertical Vertical Increase or Horizontal 96 20 * 1 ( Decrease ) 96 20 * 2 Net Sales S 457 , 920| S 338 , 750 Cost of Goods Sold* 210 , 975 107 , 830 Gross Profit* 246, 945\\ S 230 , 920 Operating Expenses :" Selling Expenses S 39 , 850| 5\\ 53 , 110 Administrative Expenses 62 , 325 60 , 000 Interest Expense 3 , 500 2 , 085 Total Operating Expenses 105, 675\\ 115 , 195 Income Before Income Taxes S 141 , 270| 5\\ 115 , 725 Income Tax Expense* 65, 172 22 , 487 Net Income 76, 098\\ 93, 238 Northland Company Comparative Balance Sheets December 31 , 20 X 2 and 20 * 1 20 * 2 20 *1 Vertical Vertical Increase or Horizontal 20 X 2 20 * 1 % ( Decrease ) % Assets :` Cash S 28 , 450| 5 50, 000 Accounts Receivable ( Net ) 94, 500 202 , 700 Merchandise Inventory 1 , 103 , 000 1 , 075 , 535 Supplies 20 , 000 19 , 500 Property , Plant and Equipment ( 5\\ 1 , 638, 500 1 , 149 , 000 Total Assets $ 2 , 884 , 450 $ 2, 496, 835 Liabilities :" Accounts Payable S 247 , 000| 5\\ 80, 000 Bonds Payable* 850, 000 750, 000 Total Liabilities 1 , 097 , 000\\ 830, 000 Stockholders ' Equity :" Common Stock ( $5 Par )* S 1 , 100 , 000| 950 , 000 Paid - in Capital in Excess of Par 400 , 000 300 , 000 Retained Earnings 287 , 450 416 , 835 Total Stockholders ' Equity* $ 1 , 787 , 450 \\$ 1 , 656 , 835 Total Liabilities and Stockholders ' Equ 5 2, 884 , 450| $ 2 , 496 , 835