PART I - INSTRUCTIONS: ANALYZE THE FOLLOWING TRANSACTIONS IN A

Journal

NOV 1 IS ISSUED 1,500 BONUSES AT $800, 3 YEARS, 8% AT THE VALUE OF 102.

5 BORROWED A LOAN OF $50,000, 8%, 6 MONTHS.

10 1,000 BONUSES WERE ISSUED AT $600, 3 YEARS, 9% AT PRINCIPAL VALUE.

15 AN APARTMENT WAS RENTED BY LEASING FOR THE ENTIRETY OF $50, 000.

16 LEASE CAR WAS RENTED FOR THE ENTIRETY OF $50,000.

17 SEMI-ANNUAL INTEREST WAS PAID ON DAY 1.

DEC 31 MADE THE SEMI-ANNUAL INTEREST PAYMENT OF THE LOAN.

JAN 1 WILL BE CHARGED $5,000 ADVANCED FOR CONSTRUCTIONS.

25 JAN 1 CONSTRUCTION SERVICE WAS PERFORMED.

FEB 1 IS CHARGED $100,000 FOR A SALE AND A TAX OF 7%.

5 5,000 BONUSES WERE ISSUED AT $1,000, 2 YEARS, 9% AT THE VALUE OF 95.

10 THE NOV 1 BONUS WAS EXPIRED.

JUN 1 A MACHINE WAS GIVEN FOR A LOAN OF $50,000.