Req 1Req 2AView transaction list<Prepare the journal entries by Sanyal to record all events related to the bonds through January 31, 2026.Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not roundintermediate calculations. Enter your answers in whole dollars.Journal entry worksheet1Req 2BNote: Enter debits before credits.DateJuly 31, 2024Record the payment of interest for Sanyal Company.Record entry2 3 4 5 6Req 3General JournalInterest expenseDiscount on bon payableCashClear entryReq 4 Sanyal Req 4 Barnwell< Req 3DebitCreditView general journalReq 4 Barnwell > epare the journal entries by Barnwell to record all events related to the bonds through January 31, 2026.te: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not roundtermediate calculations. Enter your answers in whole dollars.View transaction listJournal entry worksheet<12DateJuly 31, 20243Record the receipt of interest for Barnwell Company.Note: Enter debits before credits.Record entry4 5 6General JournalClear entryDebitCreditView general journal>

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Prepare the journal entries by Sanyal to record all events related to the bonds through January 31, 2026. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars. View transaction list Journal entry worksheet 3 1 2 Record the payment of interest for Sanyal Company. Note: Enter debits before credits. Date July 31, 2024 4 5 6 General Journal Interest expense Discount on bonds payable Debit Credit >

Prepare the journal entries by Sanyal to record all events related to the bonds through January 31, 2026. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Do not round intermediate calculations. Enter your answers in whole dollars. View transaction list Journal entry worksheet 3 1 2 Record the payment of interest for Sanyal Company. Note: Enter debits before credits. Date July 31, 2024 4 5 6 General Journal Interest expense Discount on bonds payable Debit Credit >

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Part 1 Prepare journal entries to the following. (Do not round intermediate calculations. Round the final answers to the nearest whole dollar.) a. Issuance of the bonds on June 1, 2023 b. Payment of interest on December 1, 2023 c. Adjusting entry to accrue bond interest and discount amortization on January 31, 2024 d. Payment of interest on June 1, 2024 Assume JetCom Inventors Inc. has a January 31 year-end. View transaction list Journal entry worksheet 1 2 3 4 Record issued bond at discount. Note: Enter debits before credits. Date June 01, 2023 General Journal Debit Credit >
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