# Prepare the journal entry for the issuance of these bonds. Assume the bonds are issued for cash on January 1,

###### Question:

Prepare the journal entry for the issuance of these bonds. Assume the bonds are issued for cash on January 1, 2016. Garcia Company issues 9.00%, 15-year bonds with a par value of $310,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 7.00%, which implies a selling price of 118 2/5. • Record the issue of bonds with a par value of$310,000.

Note: Enter debits before credits.

Date General Journal Debit Credit
Jan 01, 2016 Cash
Bonds payable 310,000

#### Similar Solved Questions

##### 14. Answer this question: suppose equal masses of hot copper and hot aluminum are added to...
14. Answer this question: suppose equal masses of hot copper and hot aluminum are added to equal amounts of water. The initial temperatures of the metals are the same and the water samples also start with the same temperature. If the systems are isolated, which system, the one with copper or the one...
##### Mpen Status: QUESTION 17 Virtually everyone in the U.S. has been exposed to this opportunistic infection...
mpen Status: QUESTION 17 Virtually everyone in the U.S. has been exposed to this opportunistic infection by the age of 40 that effects about 80% of people living with HIV. Cytomegalovirus Herpes Pneumocystis Pneumonia Pneumocystis Carinii QUESTION 18 Which of the following is most likely to transmit...
##### This is technically nurtrition. Use the template document to complete your homework. Identify the important informatio...
This is technically nurtrition. Use the template document to complete your homework. Identify the important information of Vitamins. aVitamins Assignment Spring 18.docx-Compabibility Mo... Saved Table Tools Michael Vesquez t File Home insert Design LayoutReferences Mailings Review V...
##### 1. Determine the pH (to two decimal places) of the solution that is produced by mixing...
1. Determine the pH (to two decimal places) of the solution that is produced by mixing 30.1 mL of 4.88x103 M HCI with 113 mL of 3.78x10-3 M HNO3 提交答案 Tries 0/3 2. Determine the pOH (to two decimal places) of the solution that is produced by mixing 85.5 mL of 6.26×10...
##### How does excessive sun exposure increase damage to the skin?
How does excessive sun exposure increase damage to the skin?...
##### A large wall made of 10-cm-thick solid brick (k = 0.8 W/m.K, p 2000 kg/m3, and p 800 J/kg.K) is o...
Heat transfer question. A large wall made of 10-cm-thick solid brick (k = 0.8 W/m.K, p 2000 kg/m3, and p 800 J/kg.K) is originally at a uniform temperature of 30°C. The wall is adiabatic (well insulated) on one side as shown in the figure. The other surface is suddenly exposed to convection a...
##### The weight is used to turn the gear system shown below. Gear A has a mass...
The weight is used to turn the gear system shown below. Gear A has a mass of 15 kg and a radius of gyration of 100 mm about its center of mass. Gear B and Drum C have a combined mass of 25 kg and a radius of gyration about their mass center of 165 mm. If the system starts from rest, determine the sp...
##### 6) If a negative, positive, and negative charges get close to each other, they will attract...
6) If a negative, positive, and negative charges get close to each other, they will attract each other, based on the (c-Alla heil following equation: Draw a picture showing the field line interactions of the two charges....
##### Part A Calculate the amount of steric strain in H CH3 СН3 Express your answer using...
Part A Calculate the amount of steric strain in H CH3 СН3 Express your answer using two significant figures. V AC mo ? a total strain energy = kcal/mol Submit Request Answer Review Constants 1 Per Part B Calculate the amount of steric strain in CH3 CH3 CH3 Express your answer using two s...
##### Describe how you would arrange a network of capacitors to store maximum energy. (Use the Multiple...
Describe how you would arrange a network of capacitors to store maximum energy. (Use the Multiple Capacitors tab to design and explore your hypothesis)...
##### The _______________ is the relative price of the goods and services of two countries. Select one:...
The _______________ is the relative price of the goods and services of two countries. Select one: a. nominal exchange rate b. inflation rate c. G-10 index d. real exchange rate...