Make the journal entry to record the following:

1. Sold a new issue of $200,000 of bonds at 99.
2. Purchased 4,000 shares of $35 par common stock as treasury stock at $70 per share.
3. Sold 10,000 shares of $20 common stock for $50 per share.

d. Purchased a building by paying $60,000 cash and issuing a $100,000 mortgage note

payable for the balance.

e. Retired $250,000 of bonds, on which there was $2,500 of unamortized discount, for

$260,000.

f. Purchased land for $320,000.

g. Paid dividends of $2.00 per share. There were 25,000 shares issued and 4,000 shares of

treasury stock.

h. Sold equipment with a book value of $50,000, accumulated depreciation of $20,000, for $72,000.

1. Issued a 500 share stock dividend, market price $15, par $10.(considered a small stock dividend)