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Provide information for 2 bond issuance transactions: 1 where the bonds were sold at a premium; and 1 where the bonds were sold at a discount.

Reply: Make the journal entries for those 2 transactions

Here are comparative balance sheets for Lily Company. \begin{tabular}{|c|c|c|} \hline Total & $500,640 & $467,880 \\ \hline \multicolumn{3}{|c|}{ Liabilities and Stockholders' Equity } \\ \hline Accounts payable & $31.080 & $39,480 \\ \hline Bonds payable & 126,000 & 176,400 \\ \hline Common stock (\$1 par) & 181,440 & 146,160 \\ \hline Retained earnings & 162,120 & 105,840 \\ \hline Total & $500,640 & $467,880 \\ \hline \end{tabular} Additional information: 1. Net income for 2022 was $84,000. 1. Net income for 2022 was $84,000. 2. Cash dividends of $27.720 were declared and paid. 3. Bonds payable amounting to $50,400 were redeemed for cash $50,400. 4. Commonstock was issued for $35,280 cash. 5. Equipment that cost $42,000 and had a book value of $25,200 was sold for $30,240 during 2022 ; land was sold at cost. Prepare a statement of cash flows for 2022 using the indirect method. (Show omounts that decrease cosh flow with either a-sign es. 15,000 or in porenthesis eg. (15,000)) Depreciation Expense $ Increase in Accounts Receivable Decrease in Inventory Decrease in Accounts Payable Net Cash Provided by Operating Activities Cash Flows from Investing Activities Purchase of Equipment Sale of Land

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