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Please fill in exactly the same way as this form IMPORTANT RULES: ACCOUNT NAMES: YOU MUST USE THE EXACT SPELLING OR ENTRIES WILL NOT BE
Please fill in exactly the same way as this form
IMPORTANT RULES: ACCOUNT NAMES: YOU MUST USE THE EXACT SPELLING OR ENTRIES WILL NOT BE MARKED CORRECT. ROUND ALL AMOUNTS TO O DECIMALS. DO NOT USE \$ for any amounts, USE commas not periods for place value: 1,100,000 DO NOT USE. DO NOT SKIP LINES, Write the debits on the first row of each entry and then the debit dollar amount, and then a 0 (not letter) ADDITIONALLY YOU MUST ENTER 0 (ZERO) in every unused cell FOR EACH row as indicated here. ACCOUNT NAMES : ACCOUNTS PAYABLE, BONDS PAYABLE, CASH, MERCHANDISE INVENTORY IF YOU DO NOT FOLLOW THESE INSTRUCTIONS YOU WILL NOT GET FULL CREDIT! 1 business issues a $500,000 bond for $525,000. TO GET FULL CREDIT USE THESE ACCOUNT NAMES-spell exactly as indicated in the account list ACCOUNT LIST: BOND DISCOUNT BOND PAYABLE BOND PREMIUM CASH 2. Record the journal entry for the purchase of inventory on account of $5,000 Business uses prepetual inventory system. ACCOUNT LIST: ACCOUNTS RECEIVABLE ACCOUNTS PAYABLE CASH INVENTORY PURCHASESStep by Step Solution
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