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Issuing Bonds Cyber Tech Inc. produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. issued $54,000,000 of 25-year, 6% bonds

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Issuing Bonds Cyber Tech Inc. produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. issued $54,000,000 of 25-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. Round your answers to the nearest dollar Mar. 1. Issued the bonds for cash at their face amount. Balance Sheet Statement of Cash Flows Liabilities Stockholders' Equity Income Statement Max 1 Statement of Cash Flows Bept. 1. Paid the interest on the bonds. ce Set statement of Cash Acts Liabilities + Stockholders Equity Income Statement Hows Sept. 1. Paid the interest on the bonds. Balance Sheet Statement of Cash Flows Liabilities + Stockholders' Equity Income Statement Sept. 1. Sept. 1. Statement of Cash Flows Income Statement Dec. 31. Recorded accrued interest for four months Balance Sheet Statement of Cash Flows Assetts Liabilities + Stockholders' Equity Income Statement Dec. 31. Dec. 31. Statement of Cash Flows Income Statement Issuing Bonds Cyber Tech Inc. produces and distributes fiber optic cable for use by telecommunications companies. Cyber Tech Inc. issued $54,000,000 of 25 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. Round your answers to the nearest dollar. Mar. 1. Issued the bonds for cash at their face amount. Balance Sheet Statement of Cash Flows Assets Liabilities Stockholders' Equity Income Statement Mar. 1. Mar. 1. Statement of Cash Flows Income Statement Sept. 1. Paid the interest on the bonds Balance Sheet Sept. 1. Paid the interest on the bonds. Balance Sheet Statement of Cash Flows Assets Liabilities + Stockholders' Equity Income Statement Sept. 1. Sept. 1. Statement of Cash Flows Income Statement Dec. 31. Recorded accrued interest for four months. Balance Sheet Statement of Cash Flows Assets Liabilities + Stockholders' Equity Income Statement Dec. 31. Dec. 31. Statement of Cash Flows Income Statement

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