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NEED HELP!!!! Please read this information carefully 9 pts Question 53 On the first day of the current fiscal year, $2,000,000 of 10-vear, 7% bonds,
NEED HELP!!!! Please read this information carefully
9 pts Question 53 On the first day of the current fiscal year, $2,000,000 of 10-vear, 7% bonds, with interest pavable armually, were sold for $2,125,000. Present enties to recoed the following transactions for the curment fiscal year lance of the bonds First annual interest payment (record as separate entry from premum amortization). Amortization of bond premium for the year, using the straight-line method of amortization (a) (b) (e) HTML Edtor BIVA- A- IE I3JJ x x, E E D , 1 Paragraph O words A company has 10,000 shares of $10 par common stock outstandng Prepare entries to record the following Purchased 1,500 shares of treasury stock at $16. The treasury stock is accounted for by the cost method. There were no previous purchases of treasury shares Sold 1,000 shares of treasury stock at $19. (a) (b) (c) Purchased equipment for $80,000, paying $25,000 in cash and issuing 4,000 shares of common stock for the remaining Sold 500 shares of treassury stock at $14. (d) HTML Editond BIUA A. IE I3 I I x x, EE Paragraph O words Step by Step Solution
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