2. n. Prepare journal entries (some of these are regular entries during the year and...

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Accounting

2. n. Prepare journal entries (some of these are regular entries during the year and some are during 2021. You must use the amounts from computer problem #1 and this computer problem to determine the amounts of some of these transactions. b. C. d. e. f. g. h. i. j. k. Paid $8,500 in cash to register a trademark on the new name for your product. Sold $40,000 of five year, 11% bonds at 104 in cash. Amortized $200 of the premium on bonds payable. Sold 400 shares of your common stock for $35 per share in cash on OCTOBER 1, 2021. Paid the remaining wages from 2020. Paid additional wages for 2021. Accrued unpaid wages at December 31, 2021. Sold equipment for $18,300 in cash. The equipment cost $33,100 and had a book value of $25,000 on the date of the sale. Recorded $28,500 of depreciation on equipment. Declared cash dividends of $0.25 per share on June 1 and paid the dividend on July 1. Declared another $0.25 per share on December 31 and will pay the dividends in January of 2022. Amortized the licensing agreement. The trademark is not amortized (just like land is not depreciated). Purchased $8,000 of equipment and issued a 6 month, 12% note as payment. Sold $11,000 of Available for Sale Securities for $14,500 in cash. Purchased additional equipment for cash (you have to determine the amount)

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