fau2e student excel template ch10

Color Legend:

Line Item DescriptionsAll numerical answers.

P10-2A

General JournalDate Description Debit Credita.

Dec. 31

To record interest on note 1.

Dec. 31

To accrue interest on note 2.

b.Feb. 2

To record payment of Note 2.

Mar. 15

To record payment of Note 1.

c.Dec. 31

To record interest on Note 3.

Dec. 31

To record interest on Note 4.

P10-2B

General JournalDate Description Debit Credita.

Dec. 31

To record interest on note 1.

Dec. 31

To accrue interest on note 2.

b.Feb. 14

To record payment of Note 2.

Feb. 23

To record payment of Note 1.

c.Dec. 31

To record interest on Note 3.

Dec. 31

To record interest on Note 4.

P10-4A

General JournalDate Description Debit Credit

a.May. 31

To record May payroll.

b.May. 31

To pay May net payroll.

c.May. 31

To record employer's May payroll taxes

d.May. 31

To pay liabilities related to May payroll.

General JournalDate Description Debit Credit

a.Mar. 31

To record March payroll.

b.Mar. 31

To pay March net payroll.

c.Mar. 31

To record employer's March payroll taxes

d.Mar. 31

To pay liabilities related to March payroll.

P10-7A

General JournalDate Description Debit Credit

a.Oct. 1

Issuance of bonds plus accrued interest.

b.Nov. 1

To record semiannual interest payment.

c.Dec. 31

To accrue interest expense.

d.May. 1

To record semiannual interest payment.

e.May. 1

To record retirement of bonds.

P10-7B

General JournalDate Description Debit Credit

a.Jul. 1

Issuance of bonds plus accrued interest.

b.Sep. 1

To record semiannual interest payment.

c.Dec. 31

To accrue interest expense.

d.Mar. 1

To record semiannual interest payment.

e.Mar. 1

To record retirement of bonds.

P10-9A

a.Balance Book Value

Interest Interest Interest Periodic of Unamortized of BondsYear Period Paid Expense Amortization Premium End of Periodat issue

1 12

General JournalDate Description Debit Credit

b.Jan. 1

To record issuance of bonds.

c.Jun. 30

To record semiannual interest paymentand premium amortization.

d.Dec. 31

To record semiannual interest paymentand premium amortization.

P10-9B

a.Balance Book Value

Interest Interest Interest Periodic of Unamortized of BondsYear Period Paid Expense Amortization Discount End of Periodat issue

1 12

General JournalDate Description Debit Credit

b.Dec. 31

To record issuance of bonds.

c.Jun. 30

To record semiannual interest paymentand discount amortization.

d.Dec. 31

To record semiannual interest paymentand discount amortization.