Required Information The following information applies to the questions displayed below) Doyle Company issued $360,000 of 10 year, 6 percent bonds on January 1, Year 1. The bonds were issued at foce value Interest is payable in cash on December 31 of each year Doyle immediately invested the proceeds from the bond issue in Jand. The land was leased for an annual 557,500 of cash revenue which was collected on December 31 of each year. beginning December 31 Year 1 Required a. Organize the transaction data in accounts under the accounting equation for Year 1 and Year 2 (Enter any decreases to account balances with a minus sign. If there is no effect on the Account Titles for Retained Earnings, leave the cell blenk. Not all cells will require entry) DOYLE COMPANY Eltel of Events on the counting Equation Year 1 and Year Stockholders Equity Land fonds Hetained Payabile Earning Event Account Titles for Retained Esming Year1 TH SH 12/31 12/31 Bogel w hip 10 110 17 3 14 15 16 $ 96 & Required 1. Organize the transaction data in accounts under the accounting equation for Year 1 and Year 2 (Enter any decreases to account balonces with a minus sign. If there is no effect on the Account Titles for Retained Earnings, leave the cell blank. Not all cells DOYLECOMANY Effect of the Accountington Ye Year Stockholders Equity Hetained rayal Emo Accounts for Ietained aming Cann Year 1/1 - - 111 12/31 12/31 Bal Year 2 0 0- Begel . 12/31 1 12/31 11 Endalo ol w hp ra 12 12 TA 13 @ TO CA TY $ & ) 96 5 6 7 8 9 When I Submit Questions to be answered for some reason the answers that are in graphs Run off of the screen and I cant see them Can the answer Wak Got be written out? cou posible all thing