On January $1,2024,$ ABC Company issued $$100,000$ of $5-$year bonds payable at $98.$ The bonds carry a stated interest rate of $6\%$ payable annually. Provide the journal entry to record the issuance of bonds payable.

XYZ Corporation purchased equipment for $$50,000$ on January $2,2024,$ paying $$10,000$ in cash and signing a note payable for the remainder. Record the journal entry to reflect the acquisition of the equipment.

During the month of January $2024,$ ABC Company earned $$25,000$ in revenue on account. Provide the journal entry to record this revenue.

On February $1,2024,$ XYZ Corporation paid $$5,000$ for rent for the month of February. Record the journal entry for the rent payment.

On March $15,2024,$ ABC Company declared a cash dividend of $$10,000.$ Provide the journal entry to record the declaration of the dividend.

XYZ Corporation purchased inventory worth $$20,000$ on credit terms of $2/10,$ net $30$ on March $20,2024.$ Record the journal entry to reflect the purchase.

During the month of April $2024,$ ABC Company incurred $$15,000$ in operating expenses, of which $$10,000$ was paid in cash. Record the journal entry to reflect the payment of operating expenses.

On May $1,2024,$ XYZ Corporation received $$30,000$ from customers for services to be provided evenly over the next six months. Record the journal entry to reflect the receipt of cash in advance.

ABC Company purchased land for $$50,000$ on June $1,2024,$ paying $$20,000$ in cash and signing a note payable for the remainder. Record the journal entry to reflect the acquisition of land.

On July $1,2024,$ XY$***$This question already posted and got correct answer. Don't answer this question If you answer i will give $10$ dislikes.$****$ayable at $103.$ Record the journal entry to reti$***$This question already posted and got correct answer. Don't answer this question If you answer i will give $10$ dislikes.$****$