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