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  3. prepare the journal entries, if any, on each of th

Prepare the journal entries, if any, on each of the three dividend dates. ...

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Accounting

Prepare the journal entries, if any, on each of the three dividend dates. image
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STP Company issued $3,000,000 of bonds on January 1,2020. (a) Prepare the joumal entry to recond the issuance of the bonds it they afe issued at (1), 100, (2) 96, and (3) 103. (b) Prepare the joumal entry to record the retirement of the bonds at maturity, assuming the bents were issued at 100 . (c) Prepare the journal entry to record the retirement of the bonds before maturify at 98 . Assume the balance in Pramium an Bonds Payatie is sis coon Instructions: Prepare the journal entries, if any, on each of the three dividend dates. Joumal entries should use appropriate accounts. A Word Bank is provised bolow. Al the listed accounts will not be used. No abbreviations allowed for the accounts of this problem. Amounts should be typed with commas (10.5,000). Word Bank: Word Bank

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