Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Warning Don\'t show me this message again for the assignment Ok Cancel Date Acco

ID: 2451404 • Letter: W

Question

Warning

Don't show me this message again for the assignment

Ok

Cancel

Date

Account Titles and Explanation

Debit

Credit

Warning

Don't show me this message again for the assignment

Ok

Cancel

Link to Text

SLOCOMBE COMPANY
Balance Sheet (Partial)
December 31, 2014

Warning

Don't show me this message again for the assignment

Ok

Cancel

Link to Text

Date

Account Titles and Explanation

Debit

Credit

Slocombe Company sold $6,750,000, 8%, 15-year bonds on January 1, 2014. The bonds were dated January 1, 2014, and pay interest on December 31. The bonds were sold at 98.

Warning

Don't show me this message again for the assignment

Ok

  

Cancel

  

Explanation / Answer

jan 1 2014 cash a/c.................dr $6750000

to 8% bond a/c $6750000