Brussels Enterprises issues bonds at par dated January $1,2021,$ that have a $$2,500,000$ par value, mature in four years, and pay $6\%$

interest semiannually on June $30$ and December $31.$

Record the entry for the issuance of bonds for cash on January $1.$

Record the entry for the first semiannual interest payment and the second semiannual interest payment.

Record the entry for the maturity of the bonds on December $31,2024($assume semiannual interest is already recorded$).$

Journal entry worksheet

Record the issuance of bonds for cash on January $1.$

Note: Enter debits before credits.$[$I he tollowing intormat$$on applies to the quest$$ons displayea below.$]$

Following are the issuances of stock transactions.

A corporation issued $3,000$ shares of $$10$ par value common stock for $$36,000$ cash.

A corporation issued $1,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated

to be worth $$31,000.$ The stock has a $$2$ per share stated value.

A corporation issued $1,500$ shares of no$-$par common stock to its promoters in exchange for their efforts, estimated

to be worth $$31,000.$ The stock has no stated value.

A corporation issued $750$ shares of $$50$ par value preferred stock for $$68,500$ cash.

Prepare journal entries to record each of the following four separate issuances of stock.

Journal entry worksheet

A

B

C

D

Record the issue of $3,000$ shares of $$10$ par value common stock for $$36,000$

cash.

Note: Enter debits before credits.