sam boyer acc 291 week 4.1

sam boyer acc 291 week 4.1 - Nov 1 Bond interest payable...

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E10-6 Pay roll tax expense $352.16 FICA taxes payable $198.40 Federal unemployment taxes payable $19.84 State unemployment tax payable $133.92 E10-8 1. True 2. True 3. False 4. True 5. False 6. False 7. True 8. True 9. True 10. True E10-18 A. Jan 1. Cash 562,613 Discount on bonds payable 37,387 Bonds payable 600,000 B. July 1. Bond interest expense 28,131 Discount on bonds payable 1,131 Cash 27,000 C. December 31. Bind interest expense 28,187 Discount on bonds payable 1,187 Bonds interest payable 27,000
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P10-3A May1. Cash 600,000 Bonds 600,000 B Dec. 31. Bonds interest expense 27,000 Bond interest payable 27,000 c. Newby corp. Balance sheet Long term liabilities Bonds payable 600,000 Less: discount on bonds payable 600,000 D. May 1. Bond interest expense 27,000 Cash 27,000 E.
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Unformatted text preview: Nov 1. Bond interest payable 27,000 Bond interest payable 27,000 F. Nov 1 bonds payable 600,000 Premium bonds payable Loss on bond redempTon 12,000 Cash 612,000 P10-6A A. July 1. Cash 2,000,000 Bonds payable 2,000,000 B. Date cash interest interest bond total payment expense premium value 7/1/2011 2,271,813 1/2/2012 100,000 90,873 9,127 2,262,686 7/1/2012 100,000 90,507 9,493 2,253,193 1/1/2013 100,000 90,128 9,872 2,243,321 C. Dec 31 Bonds Interest Expense 90,873 Premium on bonds payable 9,127 Cash 100,000 D. July 1 Bond interest expense 90,507 Premium of bonds payable 9,493 Cash 100,000 E. Dec 31 Bond interest Expense 90,128 Premium of bonds payable 9,872 Cash 100,000...
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