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Instructions Chart of Accounts Journal Instructions Emil Corp. producers and sells wind-energy-driven engines. To finance its operations, Emil Comp, issued $20,700,000 ot 20 yen, %
Instructions Chart of Accounts Journal Instructions Emil Corp. producers and sells wind-energy-driven engines. To finance its operations, Emil Comp, issued $20,700,000 ot 20 yen, % collatilo bonds on May 1, 2011 at thoir face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year Journalize the entries to record the following selected transactions Be sure to include the year in the cate for the entries ridearching the issue and calling of the bords Refer to the Chart of Accounts for exact wording of account titles 20Y1 May 1 Issued the bonds for cash at their face amount Paid the interest on the bonds Nov 1 2015 Nov 1 Called the bond issue at 05, tho tato provided in the bond indonture (Omit entry for Duyment of interest INGE 10 JOURNAL ACCOUNTING EQUATION DESCRIPTION DET POST. REK DATE CREDIT LIABILITIES ASETS BOTY 2 5 Jourrate the entry to record the selected transaction Refer to the Chart of Accounts for exact wording of account titles TGE 10 JOURNAL ACCOUNTING EQUATION POSTRE DERIT CREDIT ASSES DESCRIPTION LIABILITIES OUTY DATE
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