Instructions:

a) Answer the questions as required in the image, and show the i, n, factor, table name, calculation, and conclusion.

b) Prepare the journal entry to record each transaction.

the sale of the building be reported? the bonds to yield 11%. How much did Fishbone pay for the bonds? should Fishbone record as the cost of the machine? should be recorded on December 31, 2025, at what amount, assuming an appropriate interest rate of 12% ? 11%