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Student Name:
Class:
Debit Credit
14,000,000
Maturity (January 31, 2017)
140,000
Issuance of Note (October 1, 2016)
13,440,000
Adjusting Entry (December 31, 2016)
Maturity (January 31, 2017)
140,000
BLANTON PLASTICS
Problem 13-01
McGraw-Hill/Irwin
Instructor
Blanton Plastics
General Journal
Blanton Plastics
Account
Cash
Interest expense
Cash
Interest expense
BLANTON PLASTICS
Given Data P13-01:
Student Name:
Class:
Date Account Debit Credit
2016
(a) No entry
2017
(f) Cash 10,000,000
Bonds payable 10,000,000 «- Correct!
252,000$
Problem 13-02
McGraw-Hill/Irwin
Instructor
Current Liabilities:
Accounts payable
General Journal
CAMDEN BIOTECHNOLOGY
December 31, 2016
Partial Balance Sheet
CAMDEN BIOTECHNOLOGY
15,000,000$
10.5%
Given Data P13-02:
CAMDEN BIOTECHNOLOGY
2016
Short-term line of credit
Short-term line of credit interest rate
Student Name:
Class:
Date Account Debit Credit
(a) 25,000
25,000 «- Correct!
35,000$
Problem 13-04
McGraw-Hill/Irwin
Instructor
General Journal
MANUFACTURING EQUITABLE
Requirement 1:
Interest expense
Requirement 2:
Accounts payable
Current Liabilities
Interest payable
December 31, 2016
Partial Balance Sheet
MANUFACTURING EQUITABLE
92,500$
35,000$
600,000$
Given Data P13-04:
MANUFACTURING EQUITABLE
Account balances:
Accounts receivable
Accounts payable
Bank notes payable
