$($a$)$

Your answer is correct.

Prepare a tabular summary to record issuance of the bonds assuming they sold at $(1)101$ and $(2)98.$ If a transaction causes a

decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular

Asset, Liability or Equity item that was reduced.$)$

$(1)$

$(2)$

eTextbook and Media

List of Accounts

$($b$)$

Show the long$-$term liabilities balance sheet presentation for issuance of the bonds sold at $101$ at December $31,2027.$

Bramble Co$.$

Balance Sheet $($Partial$)$

$

$

Show the long$-$term liabilities balance sheet presentation for issuance of the bonds sold at $98$ at December $31,2027.$

Bramble Co$.$

Balance Sheet $($Partial$)$