Please show all work so I know how do to them.

4. If bond interest expense is $57,590, bond interest payable increased by $8,350 and bond premium decreased by $2,350, cash paid for bond interest is? _____

5. Gerald Co. decided to switch from the FIFO method of costing inventories to the average cost method at the beginning of 2016. At 12/31/2015, Gerald's inventory using FIFO was $29,800. Gerald's inventory using average cost would have been $49,130. Gerald's tax rate is 30%. What is the change to retained earnings? Write Journal entries associated, determining whether retained earnings would be debited or credited.

6. On 1/1/2016 Huxley Transport discovered that a 5-year insurance premium payment of $218,000 at the beginning of 2014 was debited to insurance expense. The correcting entry would include what change to Prepaid Insurance? Write journal entries to indiacate whether you would debit or credit retained earnings.

7. Due to an error in computing depreciation expense, Hadley Corp understated accumulated depreciation by $37,900 as of 12/31/16. Hadly has a tax rate of 30%. Indicate whether Hadley's retained earnings would be overstarted or udnerstated and by what amount?

Chapter 20 Lecture Notes LO 20-1 among the three ond ineres seyabie increased by 58.350 ane bond Gerald Ca decided to switch fom the FiFO method of Gerald's inventory using FiFO was $23,800 What is the change to Retained of 2016. A December 31. 20 Gerald mentoy using 'verage cost wold ha, teen us to aatilamre 30 Earnings? Indicate the amount and whether Retairesd beside the amount (no space.Example f your onsaer i $1.000 dee put 1,0000 mould be debited (D) or Credited (C) Answer with the . On January 1 2016, Huadwy Transport dscovered th a tve year inurance premium paymant of $218.000 ar he begining o 2014 was ebted to nurance expense The correcting entry would include what change to Prepaid Insurance? Indicate amount and whether you would DebrCed Answer with the amount and either a D or C right beside the amount no space Exomple fyour amwer is $1,.000 debit, put 1,0000 tained earmings Due to an emor in has a tax rate of 30% ng depreciation expense, Hadey Corperation understated accumulated Sepreciatsion by $37.900 as of December 31, 2016 Hadey whether Hadey's netained eamings as of December 31. 2016, would be overstated (0) or understated (U) and by what Answer with the amount and either a O or u right beside the amount no space Exomple if your answer is $1,000 overstated put 1,0000 pubishing company Roysbes are 10% of Engreenng Grup recenes royabes on a technical manual witten by two cf its engineers and sold to net sales, receivable on October 1 for sales in January through June began in July 2015, and Emma accrued royalty sevenue on $33.200 of sales at December 31, 2015 Emma received royabies of $3.734 on Apri 1,2016. By what amount will Emma debit or credt royaty revenue on Aprl 17 Answer with t and on April 1 far sales in Juy through December of the prier year Sales of the manual he amount and either a D or C right beside the amount no space Example: f your ansaer is $1,000 debit, put 1,000D