(Solution Download) ACC 291, Problem 10-9A I am struggling in this class because I keep getting tripped up on formulas..


ACC 291, Problem 10-9A I am struggling in this class because I keep getting tripped up on formulas and calculations. I need help working through this. The 3014000 I entered was not correct. I am flustered in trying to figure out the rest of this set of problems. Help!! 5/28/2015 Problem 10¬9A Print by: LISA POLLOCK ACC/291 ¬ 48777311 / Assignment: Week 3 Assignment *Problem 10¬9A Wempe Co. sold $3,014,000, 7%, 10¬year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on January 1. The company uses straight¬line amortization on bond premiums and discounts. Financial statements are prepared annually. Your answer is partially correct. Try again. Prepare the journal entries to record the issuance of the bonds assuming they sold at: (1) 103 and (2) 98. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No.

 







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