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Weiss Company was incorporated at the beginning of this year and had a number of transactions. The following journal entries impacted its stockholders equity during its first year of operations.

a.Cash120,000 Common Stock, $1 Par Value 3,000 Paid-In Capital in Excess of Par Value, Common Stock117,000b.Organization Expenses40,000Common Stock, $1 Par Value1,000Paid-In Capital in Excess of Par Value, Common Stock39,000c.Cash13,300Accounts Receivable8,000Building37,000Notes Payable18,300Common Stock, $1 Par Value800Paid-In Capital in Excess of Par Value, Common Stock39,200d.Cash60,000Common Stock, $1 Par Value1,200Paid-In Capital in Excess of Par Value, Common Stock58,800

1. What is the debit to cash on January 1? (Do not use dollar signs)

2. On January 1, what is the dollar amount for the Discount on Bonds Payable? (do not use dollar sign)

3. On January 1, what is the dollar amount for the credit to Bonds Payable? (do not use dollar sign)

4. On the interest payment dates, what is the dollar amount of the debit to Bond Interest Expense? (do not use dollar sign)

5. On the interest payment date, what is the dollar amount of Discount on Bonds Payable? (do not use dollar sign)

6 . On the interest payment date, what is the dollar amount for the credit to Cash? (do not use dollar sign)

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