Question: Answer questions 6 - 7a&b On March 3rd, Dan's Bait and Tackle Shop collected sales of $2,500 and sales taxes of $200. What is the

Answer questions 6 - 7a&b

On March 3rd, Dan's Bait and Tackle Shop collected sales of $2,500 and sales taxes of $200. What is the journal entry that Freda's Grocery Store needs to record for this activity? a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102 . Prepare the entry to record the sale of these bonds: b. Assume that after 3 years the remaining unamortized premium is $4,375. What would be the carrying value of Bloogle's bond at that date

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