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Print Item eBook Show Me How Calculator Entries for Issuing and calling bonds; loss Instructions Chart of Accounts Journal Instructions Adele Corp., a wholesaler of

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Print Item eBook Show Me How Calculator Entries for Issuing and calling bonds; loss Instructions Chart of Accounts Journal Instructions Adele Corp., a wholesaler of music equipment, issued $31,400,000 of 20 year, 5% callable bonds on March 1, 2011, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions. Refer to the Chart of Accounts for exact wording of account bites. 2011 Mar 1 Issued the bonds for cash at their son amount. Paid the interest on the bonds. Sept. + 2015 Sept Called the bond issue at 103, the rate provided in the bond identure. (Omit entry for payment of Interest) Previous Next > Check My Work 2 more Check My Works remaining les for Issuing and calling bonds; loss Instructions Chart of Accounts Journal structions Journal ed So Journalize the entries to record the transactions. Refer to the Chart of Accounts for exact wording of accounties. Jo PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST REE DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 2 4

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