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Mia Breen Corp. produces and solis wind energy driven engines. To finance its operations, Mia...

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Accounting

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Mia Breen Corp. produces and solis wind energy driven engines. To finance its operations, Mia Breen issued $32,700,000 of 20 year, 6% Callable bonds on May 1, 2015 at their face amount, with interest payable on May 1 and November 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions. Refer to the Chart of Accounts for exact wording of account ones. 2045 May Nov. 1 1 osed the bonds for cash at their face amount Paid the interest on the bonds 2018 Nov. 1 Called the bond issue at 96, the rate provided in the bond indenture. (Omit entry for payment of Interest) x Den de Chart of Accounts Journal Journalize the entry to record the selected transactions for the 2015. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL ACCOUNTING EQUATION DESCRPTION POST. REF. DEUT ASSETS LIABILITICS QUITY Journal Journalize the entry to record the selected transactions for the 2019. Refer to the Chart of Accounts for exact wording of account titles. PAGE 10 JOURNAL ACCOUNTING EQUATION DESCRIPTION POST. REF. DEBIT CREDIT ASSETS ABILITIES EQUITY

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