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QUESTION 11 120,000 5,000 Entity Hissued 5 000 shares of no par common stock at $25 per Show What is the correct journal entry? Dr

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QUESTION 11 120,000 5,000 Entity Hissued 5 000 shares of no par common stock at $25 per Show What is the correct journal entry? Dr Cash 125.000 Cr Common stock Ct Paid in capital in excess of port con stock Dr Cash 125,000 Cr Common stock 125 000 De Common stock 125,000 C Cash 125.000 De Cash 125,000 CH Preferred to Cr Pad in capital in excess of preferred stock 120,000 5.000 QUESTION 12 On January 1, 2023, Entry Dissued 2.000.000 of 2% 5-year bonds 99. The bonds pay interest annualy on December 31 and Entity amortizes any premium or discount using the straight line method What is the annual interest expense on the bonds? $44,000 $36.000 $40.000 $200,000

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