At Face Record the entry if Green Industries issues $100.000 in 10-year 5% bonds for...
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Accounting
At Face Record the entry if Green Industries issues $100.000 in 10-year 5% bonds for $100,000 Debit Credit Record the entry for paying interest after the first year (assume $100,000 face value @5%, interest paid annually) Debit Credit Post the entries to the accounts below. Assets Liabilities Equity Revenue Expense Cash Accts Payable Common Stock ($10 Par) Sales Revenue COGS Common Stock Poid-En Capital In Excess of Par Accts Receivable Wages Payable Retained Earnings Wages Expense Inventory Dividends Payable Common Stk Dividends Rent Expense Discount on Bonds Payable Premium on Bonds Payable Depreciation Exp Capital Asset Bond Payable Treasury Stock Interest Exp Acc Deprec
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