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Match the following statements, by choosing the correct letter. Each answer can only be used One fi 1 Issuing common stocks at par for A
Match the following statements, by choosing the correct letter. Each answer can only be used One fi 1 Issuing common stocks at par for A Debit: Cash cash Debit: Discount on bonds payable Credit: Bonds payable B Debit: Common stock dividends distributable 2 Declaring a large common stock dividends Credit: Common stocks 3 Paying off interest accrued from last year C Debit: depletion expense Credit: Accumulated depletion 4 Retirement of bonds at Maturity D Debit: Cash Credit: Common stocks Credit: Paid in capital in excess of par E Debit: Cash 5 Paying off an installment on a long term note payable Credit: common stocks 6 Recording deletion expense F No journal entry 7 Issuing bonds for cash, at 98 G Debit: stock dividends Credit: Common stock dividends distributable. 8 Performing a 1:3 stock split H Debit: Notes payable Debit: Interest expense Credit: Cash | Debit: Interest payable 9 Issuing common stocks at a price above par for cash Credit: Cash J Debit: Bonds payable 10 Issuing a large common stock dividends Credit: Cash
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