Mantle Company had cash sales of $97,650 (including taxes) for the month of July. Sales are subject to 8.5% sales tax. Prepare the entry to record the sale. Dr. Cash 97,650 / Cr. Sales Taxes Payable women. The magazine sells for cost $36 per year (12 issues). During December 2017 magazine at newsstands and subscriptions for 2018. Q1: Prepare the December 2017 journal entries to record adjusting entry on January 31 2018. The January 2018 issue Cr. Subscription Revenue On January 1, 2017, PDO Company issued bonds with a face value of $600,000. The bonds carry a stated interest of 7% payable each January 1. Q1: Prepare the journal entry for the issuance assuming the bonds are issued at 97 Dr. Cash Cr. Q2: Prepare the journal entry for the issuance assuming the bonds are issued at 102. Dr. Cr. Bonds Payable