AutoSave . Off) 8484703 - Compatibility Mode . Saved to this PC v Search (Alt+Q) Charlie I CI File Home Insert Draw Design Layout References Mailings Review View Help Comments Share X Cut Find Aria 10 ~ A" A Aa Ap AaBbCcDI A. AaBb( AaBbCcD, AaBbCcDI AaBbCcDd 1. AaBbC 1. AaBbC AaBbCcDdE AaBbCcDdE AaBbCcD AaBbCcI AaBbCcD AaBbCcDdi [A Copy Replace Paste B I U~ ab x x A LA. List_Num... Mut_Choi.. Name_Date 1 Normal Points Question_... Question_... Running_... Running_... Short_Pas... Student_R... Total_Score Underline Dictate Editor Format Painter Select Clipboard Font Paragraph Styles Editing Voice Editor Name Date: Criteria Points Points Possible | Earned Graded Assignment Journalized transactions associated with stocks and bonds accurately. 51 Explained the advantages and disadvantages of issuing stocks and bonds for 9 Funding a Corporation raising funds. Stated opinion with thorough reasoning Complete the following activities. Total Points 60 Total score:_ of 60 points (51 points) 1. Good Grub Food Truck, Inc. has decided to expand and add two new food trucks to their fleet. They have decided to sell stocks and bonds to fund their expansion. Journal the following transactions associated with stocks and bonds for Good Grub Food Truck, Inc. a. Start Microsoft Excel, and open the BUS114_03_05.xisx file from C:\\ACTT2\\Data\\Unit_03. b. Click the File tab, and click Save As. Save the file to C:\\ACTT2\\Student\\Unit_03 c. On the Journal spreadsheet tab, journalize the following transactions: February 1. Received cash for 1,000 shares of $100.00 par value preferred stock. Receipt No. 17. ii. March 6. Received cash for 200 shares of $100.00 par value preferred stock at $120.00 per share. Receipt No. 20. iii. April 8. Received cash for 1,000 shares of $12.00 stated value common stock. Receipt No. 22. iv. April 24. Paid cash for 500 shares of $10.00 stated value common stock at $12.00 per share, $6,000.00. Check No. 5 V. May 25. Received cash for 200 shares of treasury stock at $15.00 per share Treasury stock was bought previously at $12.00 per share. Receipt No. 26. vi. Jun 1. Received cash for 300 bonds, with a 5-year, 10%, $1,200.00 par value bond issue. Receipt No. 29 vii. July 1. Paid cash to bond trustee for annual interest on bond issue. Check No. 432. riii. July 1. Paid cash to bond trustee for annual deposit to bond sinking fund. Check No. 456. ix. July 1. Paid cash to bond trustee for annual deposit to bond sinking fund and recorded interest earned on bond sinking fund, $5,000.00. Check No. 567. d. Save and close the spreadsheet. e. Submit your file to your instructor for grading. (9 points) 2. Discuss the advantages and disadvantages of raising funds by issuing stocks and bonds. In your opinion, what is the better way to fund a business's expansion? Scoring Guide Page 2 of 2 368 words [ Text Predictions: On Accessibility: Good to go Focus - + 100% Type here to search X 12:35 PM O 83F Sunny ~() 9 8/18/2022AutoSave . Off H 8484705 - Protected View v Search (Alt+Q) Charlie I CI X File Home Insert Page Layout Formulas Data Review View Help Comments Share i PROTECTED VIEW Be careful-files from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View. Enable Editing X K5 X V A B C D E F G H J K L M N O FIVE COLUMN JOURNAL DOC. POST GENERAL SALES CASH DATE ACCOUNT TITLE NO REF DEBIT CREDIT CREDIT DEBIT CREDIT SU A W N - OOO VO U A W N 17 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 2A Journal 150% Ready Type here to search 83F Sunny ^() 92 12:35 PM 8/18/2022