6) On March 3rd, Dan's Bait and Tackle Shop collected sales of $2,500 and sales taxes fro $200. What is the journal entry that Freda's Grocery Store needs to record for this Boyd deesd abexes activity?qmos of emit ever ton lliw uoY SS noitesuO of hewans erti ai terW noitzaup tnomaniers sidt of erowane toy offwbris f of boilupsi sipuo 1990199 lettore spor Inemesis 200 noiteniaxe to homutor od llw lieskob ortobom di 000,0 di easel erit emit erilis evisoen roet hem2 lliw inuoms 16dw usev 190 dᵒa is bebriuo amo 7) a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record the sale of these bonds: millevegna mami oscribing of vabo) Inomieovili sill lise of Sxil blbow si airt not veq of pnilliw ed noteevni eziw s bluow dloum worlºe ai ats1:1267 b. Assume that after 3 years the remaining unamortized premium is $4,375. What would Sinemias be the carrying value of Bloogle's bond at that date?
6) On March 3rd, Dan's Bait and Tackle Shop collected sales of $2,500 and sales taxes fro $200. What is the journal entry that Freda's Grocery Store needs to record for this Boyd deesd abexes activity?qmos of emit ever ton lliw uoY SS noitesuO of hewans erti ai terW noitzaup tnomaniers sidt of erowane toy offwbris f of boilupsi sipuo 1990199 lettore spor Inemesis 200 noiteniaxe to homutor od llw lieskob ortobom di 000,0 di easel erit emit erilis evisoen roet hem2 lliw inuoms 16dw usev 190 dᵒa is bebriuo amo 7) a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record the sale of these bonds: millevegna mami oscribing of vabo) Inomieovili sill lise of Sxil blbow si airt not veq of pnilliw ed noteevni eziw s bluow dloum worlºe ai ats1:1267 b. Assume that after 3 years the remaining unamortized premium is $4,375. What would Sinemias be the carrying value of Bloogle's bond at that date?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![6) On March 3rd, Dan's Bait and Tackle Shop collected sales of $2,500 and sales taxes
fro
$200. What is the journal entry that Freda's Grocery Store needs to record for this
Boyd deesd abexes
activity?qmos of emit ever ton lliw uoY SS noitesuO of hewans erti ai terW noitzaup
tnomaniers sidt of erowane toy offwbris f of boilupsi sipuo
1990199
lettore
spor
Inemesis 200
noiteniaxe to homutor od llw lieskob ortobom di 000,0
di easel
erit emit erilis evisoen roet hem2 lliw inuoms 16dw usev 190 dᵒa is bebriuo amo
7) a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record the
sale of these bonds:
millevegna
mami
oscribing of vabo) Inomieovili sill lise of Sxil blbow si
airt not veq of pnilliw ed noteevni eziw s bluow dloum worlºe ai ats1:1267
b. Assume that after 3 years the remaining unamortized premium is $4,375. What would
Sinemias
be the carrying value of Bloogle's bond at that date?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58f64e99-b3fb-491d-a9f5-7a66a1bd819c%2F5e8d4990-dae5-4013-a79b-61cf013f01d6%2Ff6t2hji_processed.png&w=3840&q=75)
Transcribed Image Text:6) On March 3rd, Dan's Bait and Tackle Shop collected sales of $2,500 and sales taxes
fro
$200. What is the journal entry that Freda's Grocery Store needs to record for this
Boyd deesd abexes
activity?qmos of emit ever ton lliw uoY SS noitesuO of hewans erti ai terW noitzaup
tnomaniers sidt of erowane toy offwbris f of boilupsi sipuo
1990199
lettore
spor
Inemesis 200
noiteniaxe to homutor od llw lieskob ortobom di 000,0
di easel
erit emit erilis evisoen roet hem2 lliw inuoms 16dw usev 190 dᵒa is bebriuo amo
7) a. Bloogle Co. issued $350,000, 8 year, 4% bonds at 102. Prepare the entry to record the
sale of these bonds:
millevegna
mami
oscribing of vabo) Inomieovili sill lise of Sxil blbow si
airt not veq of pnilliw ed noteevni eziw s bluow dloum worlºe ai ats1:1267
b. Assume that after 3 years the remaining unamortized premium is $4,375. What would
Sinemias
be the carrying value of Bloogle's bond at that date?
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