Week 3 Assignment in WileyPLUS
Complete the following Week 3 Assignment in
WileyPLUS
E10-5 During
the month of March, Olinger Company’s
E10-8 On
August 1, 2014, Ortega Corporation
E10-13 Romine
Company issued $530,700 of 9%,
E10-22 Cole
Corporation issued $432,000, 7%, 25-year bonds on January 1, 2014
E10-24 Nance
Co. receives $306,800 when it issues a $306,800
BYP 10-1 The
financial statements of Tootsie Roll are
presented below
BYP10-2 The Hershey Company
P9-7A In
recent years, Farr Company
P10-9A Wempe Co. sold
$3,367,000, 8%, 10-year bonds
P10-13A Grace Herron has just approached
IFRS 10-4 Ratzlaff
Company issues €2 million
TUTORIAL
PREVIEW
2014
(a) Aug. 1 Cash................................................................. 813,600
Bonds Payable.................................... 813,600
(b) Dec. 31 Interest
Expense.......................................... 23,730
Interest Payable ($813,600 X 7% X 5/12)
................. 23,730
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