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Question 15 - 5pts On January 1, 2021, Shelby Company issued $250,000, 10-year, 7% bonds at 98. Interest is paid semiannually on each June 30

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Question 15 - 5pts On January 1, 2021, Shelby Company issued $250,000, 10-year, 7% bonds at 98. Interest is paid semiannually on each June 30 and December 31. The maturity date is December 31, 2030. How much Bond Interest Expense will the company record on each semiannual cash interest payment date? $9,000 $8,750 $500 $250 D Question 17 On January 1, 2019, Dover Company issues $100,000, 7% bonds at 104. How much money is the company borrowing o $107.000 $100,000 $1,400,000 $104,000 D Question 18 Thomas Company purchased 2.000 shares of its own stock for $17,000. The journal entry to record the purchase would be as follows: Debit Treasury Stock $17,000, credit Cash $17.000. Debit Treasury Stock $17.000; credit Retained Earnings $17,000 Debit Common Stock $17,000 credit Cash $17,000. Debit Preferred Stock $17,000 credit Cash $17,000

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