Your answer is partially correct. $($a$)$ Prepare a tabular summary to record the issuance of the bonds and the adjustments to record the accrual of interest on December $31,2026.($c$)$ Prepare a tabular summary to record the payment of interest on October $1,2027.($d$)$ Prepare a tabular summary to record redemption of the bonds on October $1,2036,$ their maturity date, assuming that interest for the year had already been paid. $($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$ Assets $\backslash (=\backslash )$ Liabilities Cash $($a$)2026$ Oct. $1\backslash$$ $\backslash$$ $\backslash$$ $\backslash$$ Dec. $31($c$)2027$ Oct. $1($d$)2036$ Oct. $1$ Correct Answer

Your answer is partially correct.

$($a$)$ Prepare a tabular summary to record the issuance of the bonds and the adjustments to record the accrual of interest on December $31,2026.$

$($c$)$ Prepare a tabular summary to record the payment of interest on October $1,2027.$

$($d$)$ Prepare a tabular summary to record redemption of the bonds on October $1,2036,$ their maturity date, assuming that interest for the year had already been paid.

$($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$

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Your answer is partially correct.

$($a$)$ Prepare a tabular summary to record the issuance of the bonds and the adjustments to record the accrual of interest on December $31,2026.$

$($c$)$ Prepare a tabular summary to record the payment of interest on October $1,2027.$

$($d$)$ Prepare a tabular summary to record redemption of the bonds on October $1,2036,$ their maturity date, assuming that interest for the year had already been paid.

$($If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign $($or parentheses$)$ in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.$)$

Retained Earnings

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