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Instruction Chart of Accounts Journal Instructions Emil Corp. produces and sells wind energy driven engines. To finance its operations. Emi Corp issued 530,500,000 of 20
Instruction Chart of Accounts Journal Instructions Emil Corp. produces and sells wind energy driven engines. To finance its operations. Emi Corp issued 530,500,000 of 20 year, 10% calable bonds on May 1, 2011 at their face amount with interest payable on May 1 and November 1. The fiscal year of th is the calendar year Journalize the entire to record the following selected transactions. Be sure to include the year in the date for the entries recording the and calling of me bands Refer to the Chart of Accounts for exact wording of account des 1 issued the bonds for cash at their face amount 2011 May Nov 2015 Paid the interest on the bonds NO Called the bond issue at 99 the rate provided in the bond indenture Comt entry for payment of
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