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Q 34 req 1 : req 2 western : req 2 still worth: please solve all of this 34 Problem 14-6 Issuer and investor; straight-line
Q 34
req 1 :
req 2 western :
req 2 still worth:
please solve all of this
34 Problem 14-6 Issuer and investor; straight-line method; adjusting entries u On April 1, 2018, Western Communications Corporation aquired $38,000 of the bonds as a long-term investment Th 014-2, Appendix A) , Inc, issued 12% bonds, dated March 1, 2018, with face amount of S38 million. The and February 28. Stillworth bonds eBook sold for $373 million and mature on February 28, 2021. Interest is paid semiannuall Print use the straight-line method. 1. Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillwort h's investment on April 1, 2018 2. Prepare the journal entries by both firms to record all subsequent events related to the bonds through m Complete this question by entering your answers in the tabs below Req 2 Western Stillworth Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's investment on April 1 whole dollars.) is required for a transaction/event, select No journal entry required" in the first account field. Enter your answers in View transaction list View journal entry worksheet General JournalDebit Credit No Date /1April 01, 2018 Cash Discount on bonds payable Bonds payable Interest payable Complete this question by entering your answers in the tabs below. Req 1 Req 2 WesternReg 2 Stillworth eBook Print References Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's investment on April 1, 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet 2 Record the issuance of the bonds by Western Communications. Note: Enter debits before credits Date General Journal Credit April 01, 2018 Cash Discount on bonds payable Bonds payable nterest payable 34 Complete this question by entering your amsars in the tabs bebeo Req 1 Req 2 Western Stilworth Req 2 eBook Prepare the journal entries to record (a) issuance of the bonds by Western and (b) Stillworth's investment on April 1, 2018. (If no entry is Print for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars. View transaction list Journal entry worksheet 2 Record the bond investment by Stillworth Corporation. Note: Enter debits before credits. Date General Journal Debit Credit April 01, 2018 nvestment in bonds nterest receivable Discount on bond investment Cash Mc Graw Hill 34 eq Req 2 Western Req 2 Stillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print References View transaction list Journal entry worksheet 2 7 9 10 Record interest expense for Western Communications Note: Enter debits before credits. Date General Journal Debit Credit August 31, 2018 interest expense nterest payable Discount on bonds payable Cash Record entry Clear entry View general joumal 34 Req 1 Req 2 WesternStillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print References View transaction list Journal entry worksheet 3 5 6 9 10 Record interest expense for Western Communications Note: Enter debits before credits. Date December 31 General Journal Debit Credit Interest expense 18 count on bonds payable nterest payable 34 Req 1 Req 2 WesternStillworth Req 2 Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print References View transaction list Journal entry worksheet 5 10 Record interest expense for Western Communications Note: Enter dabits before credits Date General Journal Debit Credit February 28 2019 interest expense nterest payable Discount on bonds payable Record entry Clear entry View peneral journal Prev 34 of 50B Next> 34 Req1 Req 2 Western Stillworth Req 2 Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print View transaction list Journal entry worksheet 0 6 9 10 Record interest expense for Western Communications. Note: Enter debits before credits. Date General Journal Debit it mber 31 Interest expense count on bonds payable Interest payable Graw 34 Req 1 Req 2 Western Stilworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print References View transaction list Journal entry worksheet 9 10 Record interest expense for Western Communications. Note: Enter debits before credits Date General Journal Debit Credit February 28 2020 nterest expense nterest payable t on bonds payable ash Record entry Clear enlry View general journal S Prex I 34 of 50 Next > Hall 34 Req 1 Req 2 Western Req 2 Stillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print View transaction list Journal entry worksheet 5 6 Record interest expense for Western Communications. Note: Enter debits before credits. General Journal Debit August 31, 2020 Interest expense iscount on bonds payable Cash Record entry Clear entry View general jourral Prev 34 of 50 ext > HEI 34 Req 2 Req 1 Req 2 WesternStillworth Prepare the journal entries for Western Communications, Inc, to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print References Vicw transaction list Journal entry worksheet 6 10 Record interest expense for Western Communications. Note: Enter debits before credits. General Journal Credit December 3 interest expense count on bonds payable nterest payable Prex 34 of 50 Next > 34 Req1 Req 2 WesternReq 2 Stillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.) oBook Print References View transaction list Journal entry worksheet 5 6 10 Record interest expense for Western Communications. Note: Enter debits before credits. Date General Journal Debit February 28, 2021 interest expense nterest payable iscount on bonds payable Cash Record entry Clear entry View general journal 34 Req 1 Req 2 Westerns Reg 2 Stillworth Prepare the journal entries for Western Communications, Inc., to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars.) Print View transaction list Journal entry worksheet 8 Record the retirement of the bond by Western Communications. Note: Enter debits before credits. Date General Journal Debit Credit February 28 2021 Bonds payable Cash Record enby Clear entry View general journal Prey34 of 50Next > 34 Req 2 Stillworth Req 1 Req 2 Prepare the journal entries for Stillworth Corporation to record all subsequent events related to the bonds maturity. (If no entry is required for a transaction/event, select No journal entry required in the first account field. Enter your answers in whole dollars.) eBook Print View transaction list Journal entry worksheet 5 6 9 Record interest revenue for Stillworth Corporation. Note: Enter debits before credits Date General Journal Credit August 31, 2018 Cash scount on bond investment nterest receivable nterest revenue Record entry Clear entry View general journal 34 Req Req 2 Western Stillworth Req 2 Prepare the journal entries for Stillworth Corporation to record all subsequent events related to the bonds through maturity, (If no entry is required for a transaction/event, select No journal entry required" in the first account field. Enter your answers in whole dollars.) eBook Print Referencos View transaction list Journal entry worksheet 6 10 Record interest revenue for Stillworth Corporation. Note: Enter debits before credits. Date General Journal Debit December 31 2018 interest receivable Discount on bond investment nterest revenue 34 Req 2 Stillworth Req 1Req 2 Prepare the journal entries for Stillworth Corporation to record all subsequent events related to the bonds through maturity. (If no entry is required for a transaction/event, select "No journal entry required in the first account field. Enter your answers in whole dollars.) Book Print View transaction list Journal entry worksheet 10 Record interest revenue for Stillworth Corporati Note: Enter debits before cradits. Date Debit February 28, 2019 Cash on bond investment nterest receivable nterest revenue Record entry Clear entry View general joumal Pcex3 34 of 50 l Next > 34 Req 1 Req 2 Westerntil th Prepare the journal entries for Stillworth Corporation to maturity. (If no entry is required for a transaction/event, slect "No journal entry required" in the first account field. Enter your answers in whole dollars.) all subsequent events related to the bonds through eBook Print View transaction list Journal entry worksheet 6 9 10 Record interest revenue for Stillworth Corporation. Note: Enter debits before credits. Date General Journal Credit August 31, 2019 Cash Discount on bond investment nterest revenue Record entry Clear entry Vicw general jourmal GrawStep by Step Solution
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