Instructions Chart of Accounts Journal Instructions Abloye co produces and distributes semiconductors for use by computer manufacturers. Abloye Co issued 5350,000 of 10-year, 8% bonds on May 1 of the current year at face value with interest payable on May 1 and November 1 The fiscal year of the company is the calendar year, Required: Journalize the entries to record the following selected transactions for the current your. Refer to the chart at accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a joumal page is used for debut or creat entres CHOW Journals will automatically indent a credit enty when a credit amount is entered 1 Issued the bonds for cash at their face amount Mey Nov 1 Paid the interest on the bonds Dec 31 Recorded accrued interest for two months Instructions Chart of Accounts Journal JOURNAL ACCOUNTING EQUAT DATE DESCRIPTION POSTRO DEBIT CHORE ASSETS LITIES 2 1 Austing Entries Na Check My Work 69'F Clear Journal structions wart of Accounts CHART OF ACCOUNTS Abioye Co. General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable 811 Gain on Redemption of Bonds 122 Allowance for Doubtful Accounts EXPENSES 126 Interest Receivable 69F Clear 0 VULIELU 126 Interest Receivable EXPENSES 127 Notes Receivable 510 Cost of Merchandise So 131 Merchandise Inventory 515 Credit Card Expense 141 Office Supplies 516 Cash Short and Over 142 Store Supplies 521 Sales Salaries Expense 151 Prepaid Insurance 522 Office Salaries Expense 191 Land 531 Advertising Expense 192 Store Equipment 532 Delivery Expense 193 Accumulated Depreciation Store Equipment 533 Repairs Expense 534 Selling Expenses 194 Office Equipment 195 Accumulated Depreciation Office Equipment 535 Rent Expense - EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends