must use headings from this list

Question 1 [8 points] On August 1, 2014 Velor Inc. issued at par a $600,000, 7%, four year bond. Interest is to be paid quarterly beginning October 31, 2014. a Record the issuance of the bond on August 1, 2014 b. Record the payment of interest on October 31, 2014 Enter the transaction letter as the description when entering the transactions in the journal. Dates must be entered in the format dd/mmm (1.0, January 15 would be 15/Jan). General Journal Page GJS Dato Account/Explanation F Debit Credit + + - Choose an Account or Heading egories: Accounts and Headings: Accounts Payable ts Accounts Receivable lities Accumulated Amortization, Copyright ty Accumulated Amortization, Patents uity Accumulated Amortization, Trademark venues Accumulated Depreciation, Automobiles penses Accumulated Depreciation, Boats ner Accumulated Depreciation, Building Accumulated Depreciation, Equipment Accumulated Depreciation, Furniture Accumulated Depreciation, Land Improvements a Accumulated Depreciation, Machinery Accumulated Depreciation, Trucks Advertising Expense Advertising Payable Allowance for Doubtful Accounts Amortization Expense, Copyright Amortization Expense, Patents Search: Erase Cancel er Choose an Account or Heading gories: Accounts and Headings: AMIONZALON Expense, copyright ts Amortization Expense, Patents ities Automobiles Bad Debts Expense y Benefits Expense nity Fenues Boats enses Bonds Payable Building CPP Expense CPP Payable Cash Commissions Earned Consulting Revenue Earned Copyright Cost Of Goods Sold Current Portion of Mortgage Payable Delivery Expense Depreciation Expense, Automobiles Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: - Depreciation Expense, Automobiles ts Depreciation Expense, Boats lities Depreciation Expense, Building - Depreciation Expense, Equipment nity Depreciation Expense, Furniture Fenues Depreciation Expense, Land Improvements enses Depreciation Expense, Machinery er Depreciation Expense, Trucks Depreciation expense Discount on Bonds Payable Dividends El Expense Employee Income Taxes Payable Employee Medical Insurance Payable Employee Union Dues Payable Employment Insurance Payable Equipment Estimated Vacation Pay Liability Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: Esumated vacation Pay Liamy Estimated Warranty Liability 5 Furniture cies - GST Payable ty Gain on Retirement of Bonds HST Payable enues Income Summary enses Income Taxes Expense Er Income Taxes Payable Insurance Expense Interest Earned Interest Expense Interest Payable Interest Receivable Investment in Bonds Land Land Improvements Long-Term Notes Payable Search: Erase Cancel Choose an Account or Heading gories: Accounts and Headings: CONG-TEMI NOTES Payable 5 Long-term Investment in Shares Loss on Retirement of Bonds cies Machinery Merchandise Inventory ty enues Mortgage Payable Notes Receivable enses Office Salaries Expense r Office Supplies Expense PST Payable Patents Premium on Bonds Payable Prepaid Advertising Prepaid Insurance Prepaid Interest Prepaid Rent Property Taxes Expense Property Taxes Payable Search: Erase Cancel Choose an Account or Heading egories: Accounts and Headings: Property Taxes Payable ets Rent Earned pilities Rent Expense ity Rent Payable uity Rent Receivable venues Rent expense, office space penses Rent expense, selling space her Retained Earnings Salaries Expense Salaries Payable Sales Sales Discounts Sales Returns and Allowances Sales Salaries Expense Share Capital Short-Term Notes Payable Store Supplies Expense Supplies Search: Erase Cancel