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Issuing Bonds Cyber Tech Inc, produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. Issued $50,000,000 of 20 year, 6%

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Issuing Bonds Cyber Tech Inc, produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. Issued $50,000,000 of 20 year, 6% bonds on March 1 at their face amount, with Interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Illustrate the effects on the accounts and financial statements of recording the following selected transactions for the current year. If no account or activity is affected, select "No effect from the dropdown list and leave the corresponding number entry box blank. Enter account decreases and cash outflows as negative amounts Mar. 1. Tussed the bonds for cash at their face amount Balance Sheer Statement of Cash Flows Liabilities Stockholders' Equity Income Statement Mar. 1 Statement of Cash Flows Tricome Statement Sept. 1. Paid the interest on the bonds. Balance Sheet Statement of Cash Flows Assets Elabilities Stockholders' Equity Income Statement Sept. 1 Statement of Cash Flows Incense Statenient Dec. 31. Recorded accrued interest for four months Balance Sheet Statement of Cash Flows Assets Labeles + Stockholders' Equity Income Statement Dec 31 Statement of Cash Flows Income Statement

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