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Comprehensive Problem 4 Part 1: Selected transactions completed by Equinox Products Inc. during the...

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Accounting

Comprehensive Problem 4 Part 1:

Selected transactions completed by Equinox Products Inc. during the fiscal year ended December 31, 2014, were as follows:

1. Journalize the selected transactions.

If no entry is required, select "No entry required" from the dropdown and leave the amount boxes blank. For a compound transaction, if an amount box does not require an entry, leave it blank.

o. Sold 1,000 shares of Solstice Corp. at $45, including commission.

Description Debit Credit

p. Recorded the payment of semiannual interest on the bonds issued in (c) and the amortization of the premium for six months. The amortization is determined using the straight-line method.

Description Debit Credit

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