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I just need to check if my answers are right I've worked everything out.
4) on July 1, 2010, Winters Corporation issued S400,000 par value, 10% stated rate 10 year bonds for $362,000. Interest is payable twice a year, on June 30 and December 31. Winters Corporation uses the straight line method of amortization. a) record the July 1 issuance of the bonds. b) record the Dec 31 entry for interest expense. c) Record the June 30, 2020 retirement of bonds entry 5) Jonathan Copratiofllwing tmnsactions: Jan 10 Jan 31 Aug 3 Sept 30 Issued 5,000 shares of $50 par, preferred stock at $50 per share. Issued 8,000 shares of $1 par value common stock at $30 per share. Purchased 1,000 shares of Treasury Stock (common) at $25 per share. Resold 300 shares of Treasury Stock (common) at $29 per share Record journal entries for the above transactions
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