Chapter 14 Homework

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Bb Lessons / Assignments - 2( X CengageNOWv2 | Online te X Course Hero x Course Hero x Course Hero x Course Hero X + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item O Issuing Bonds at a Discount ? 1. PE. 14.02A.BLANKSHEET Instructions Chart of Accounts Journal 2. PE. 14.03A.BLANKSHEET Instructions X 3. PE. 14.05A.BLANKSHEET 4. PE. 14.08A.BLANKSHEET On January 1, the first day of the fiscal year, a company issues a $1,800,000, 6%, five-year bond that pays semiannual interest of $54,000 ($1,800,000 x 6% x 1/2), receiving cash of $1,725, 151. 5. EX. 14.05 Required: 6. EX. 14.12 Journalize the entry to record the issuance of the bonds. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Next Progress: 2/6 items Previous Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for GradingBb Lessons / Assignments - 2( X CengageNOWv2 | Online te X Course Hero x Course Hero x Course Hero x Course Hero X + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item O Issuing Bonds at a Discount ? 1. PE. 14.02A.BLANKSHEET Instructions Chart of Accounts Journal 2. PE. 14.03A.BLANKSHEET Chart of Accounts X 3. PE. 14.05A.BLANKSHEET 4. PE. 14.08A.BLANKSHEET CHART OF ACCOUNTS 5. EX. 14.05 General Ledger 6. EX. 14.12 ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable 611 Gain on Redemption of Bonds 122 Allowance for Doubtful Accounts 126 Interest Receivable EXPENSES 127 Notes Receiva 510 Cost of Merchandise Sold 131 Merchandise Inventory 515 Credit Card Expense 141 Office Supplies 516 Cash Short and Over 191 Land 522 Office Salari 194 Office Equ 531 Advertising Expense 195 Accumulated Depreciation-Office Equipment 532 Delivery Expense 533 Repairs Expense LIABILITIES 535 Rent Expense 210 Accounts Payable 536 Insurance Previous Next Progress: 2/6 items Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for GradingBb Lessons / Assignments - 20 X CengageNOWv2 | Online te X Course Hero x *Course Hero x *Course Hero x Course Hero X + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item O ? 1. PE. 14.02A.BLANKSHEET Chart of Accounts X 533 Repairs Expense 2. PE. 14.03A.BLANKSHEET LIABILITIES 535 Rent Expense 3. PE. 14.05A.BLANKSHEET 210 Accounts Payable 536 Insurance Expense 221 Salaries Payable 537 Office Supplies Expense 4. PE. 14.08A.BLANKSHEET 231 Sales Tax Payable 541 Bad Debt Expense 562 Depreciation Expense-Office Equipment 5. EX. 14.05 232 Interest Payable 241 Notes Payable 590 Miscellaneous Expense 6. EX. 14.12 251 Bonds Payable 710 Interest Expense 252 Discount on Bonds Payable 711 Loss on Redemption of Bonds 253 Premium on Bonds Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends Previous Next Progress: 2/6 items Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for GradingBb Lessons / Assignment X CengageNOWv2 | Onl x Homework Help - Q& x Course Hero x Course Hero x Course Hero x Course Hero X + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item O Issuing Bonds at a Premium ? 1. PE. 14.02A.BLANKSHEET Instructions Chart of Accounts Journal E 2. PE. 14.03A.BLANKSHEET Instructions X 3. PE. 14.05A.BLANKSHEET 4. PE. 14.08A.BLANKSHEET On January 1, the first day of the fiscal year, a company issues an $8,600,000, 11%, five-year bond that pays semiannual interest of $473,000 ($8,600,000 x 11% x 1/2), receiving cash of $8,932,035. 5. EX. 14.05 Required: 6. EX. 14.12 Journalize the bond issuance. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. Previous Next Progress: 3/6 items Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for GradingBb Lessons / Assignment X CengageNOWv2 | Onl x Homework Help - Q& x Course Hero x Course Hero x Course Hero x Course Hero X + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item O Issuing Bonds at a Premium ? 1. PE. 14.02A.BLANKSHEET Instructions Chart of Accounts Journal 2. PE. 14.03A.BLANKSHEET Instructions X 3. PE. 14.05A.BLANKSHEET Chart of Accounts X Or eiving cash 4. PE. 14.08A.BLANKSHEET of 5. EX. 14.05 CHART OF ACCOUNTS 6. EX. 14.12 General Ledger ASSETS REVENUE 110 Cash 410 Sales 111 Petty Cash 610 Interest Revenue 121 Accounts Receivable 611 Gain on Redemption of Bonds 122 Allowance for Doubtful Accounts 126 Interest Receivable EXPENSES 127 Notes Receivable 510 Cost of Merchandise Sold 131 Merchandise Inventory 515 Credit Card Expense 141 Office Supplies 516 Cash Short and Over 191 Land 522 Office Salaries Expense 194 Office Equipment 531 Advertising Expense 195 Accumulated Depreciation-Office Equipment 532 Delivery Expense 533 Repairs Expense LIABILITIES 535 Rent Expense Previous Progress: 3/6 items Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for GradingBb Lessons / Assignment X CengageNOWv2 | Onl x Homework Help - Q& x Course Hero x Course Hero x Course Hero x Course Hero X + v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item Instructions Chart of Accounts Journal E ? 1. PE. 14.02A.BLANKSHEET Chart of Accounts X 2. PE. 14.03A.BLANKSHEET LIABILITIES 535 Rent Expense 3. PE. 14.05A.BLANKSHEET 210 Accounts Payable 536 Insurance Expense 4. PE. 14.08A.BLANKSHEET 221 Salaries Payable 537 Office Supplies Expense 231 Sales Tax Payable 541 Bad Debt Expense 5. EX. 14.05 2 Interest Payable 562 Depreciation Expense-Office Equipment 6. EX. 14.12 241 Notes Payable 590 Miscellaneous Expense 251 Bonds Payable 710 Interest Expense 252 Discount on Bonds Payable 711 Loss on Redemption of Bonds 253 Premium on Bonds Payable EQUITY 311 Common Stock 312 Paid-In Capital in Excess of Par-Common Stock 315 Treasury Stock 321 Preferred Stock 322 Paid-In Capital in Excess of Par-Preferred Stock 331 Paid-In Capital from Sale of Treasury Stock 340 Retained Earnings 351 Cash Dividends 352 Stock Dividends Previous Next Progress: 3/6 items Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for GradingBb Lessons / Assignment X CengageNOWv2 | Onl x Homework Help - Q& x Course Hero x Course Hero x Course Hero x Course Hero X + A v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Paused Update : Chapter 14 Homework eBook Show Me How Print Item Instructions Chart of Accounts Journal E 1. PE. 14.02A.BLANKSHEET X 2. PE. 14.03A.BLANKSHEET Chart of Accounts Journal X 3. PE. 14.05A.BLANKSHEET 4. PE. 14.08A.BLANKSHEET Journalize the bond issuance. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. 5. EX. 14.05 6. EX. 14.12 PAGE 10 JOURNAL ACCOUNTING EQUATION DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY 1 N 352 Stock Dividends Progress: 3/6 items Previous Next Assignment Score: 0.0% All work saved. Email Instructor Save and Exit Submit Assignment for Grading