ssuing Bonds their face amount, with Interest payable on March $1$ and September $1.$ The fiscal year of the company Is the calendar year.

Round your answers to the nearest dollar.

Mar. $1.$ Issued the bonds for cash at their face amount.

Financial Statement Effects

Sept. $1.$ Paid the interest on the bonds.

December $31,$ recorded intrest for four months

inancial Statement Effects

Balance Sheet

Assets

Liabilities

Stockholders' Equity