structions Rushton Corp., a wholesaler of music equipment, issued $30,500,000 of 20-year, 10% callable bonds on...

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structions Rushton Corp., a wholesaler of music equipment, issued $30,500,000 of 20-year, 10% callable bonds on March 1, 20Y1, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Required: Journalize the entries to record the following selected transactions. 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. 20Y1 Mar. 1 Issued the bonds for cash at their face amount Sept. 1 Paid the interest on the bonds. 20Y5 Sept. 1 Called the bond issue at 104, the rate provided in the bond indenture (Omit entry for payment of interest.) Joumal Journalize the entries to record the 20Y1 transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use 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 2 3 JOURNAL ACCOUNTING DATE DESCRIPTION POST RE DEBIT CREDIT ASSETS LIABILIT Journalize the entries to record the 20Y5 transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use Journalize the entries to record the 2015 transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use 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 w ACCOUNTING JOURNAL DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABILIT 1 structions Rushton Corp., a wholesaler of music equipment, issued $30,500,000 of 20-year, 10% callable bonds on March 1, 20Y1, at their face amount, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Required: Journalize the entries to record the following selected transactions. 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. 20Y1 Mar. 1 Issued the bonds for cash at their face amount Sept. 1 Paid the interest on the bonds. 20Y5 Sept. 1 Called the bond issue at 104, the rate provided in the bond indenture (Omit entry for payment of interest.) Joumal Journalize the entries to record the 20Y1 transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use 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 2 3 JOURNAL ACCOUNTING DATE DESCRIPTION POST RE DEBIT CREDIT ASSETS LIABILIT Journalize the entries to record the 20Y5 transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use Journalize the entries to record the 2015 transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use 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 w ACCOUNTING JOURNAL DATE DESCRIPTION POST REF DEBIT CREDIT ASSETS LIABILIT 1