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  1. business
  2. accounting
  3. retired $310,000 of bonds, on which there was $3,1

Retired $310,000 of bonds, on which there was $3,100 of unamortized discount, for $322,000. Sold...

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Accounting

  1. Retired $310,000 of bonds, on which there was $3,100 of unamortized discount, for $322,000.
  2. Sold 12,000 shares of $15 par common stock for $36 per share.
  3. Sold equipment with a book value of $58,200 for $83,800.
  4. Purchased land for $410,000 cash.
  5. Purchased a building by paying $86,000 cash and issuing a $90,000 mortgage note payable.
  6. Sold a new issue of $170,000 of bonds at 99.
  7. Purchased 2,900 shares of $25 par common stock as treasury stock at $45 per share.
  8. Paid dividends of $2.40 per share. There were 33,000 shares issued and 5,000 shares of treasury stock

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