ACCT 551 RANK Motivated Minds/acct551rank.com ACCT 551 RANK Motivated Minds/acct551rank.com | Page 42

the years 2014 and 2015 are as follows. (All purchases and sales are for cash.) -------------------------------------------------------------- ACCT 551 Week 3 Homework P14-5, P14-6, P14-7 FOR MORE CLASSES VISIT www.acct551rank P14-5 (Comprehensive Bond Problem) In each of the following independent cases the company closes its books on December 31. P14-6 (Issuance of Bonds between Interest Dates, Straight-Line, Redemption) Presented below are P14-7 (Entries for Life Cycle of Bonds) On April 1, 2014, Seminole Company sold 15,000 of its 11% 15-year, $1,000 face value bonds at 97. -------------------------------------------------------------- ACCT 551 Week 4 Homework E15-2, E15-5, E15-6 FOR MORE CLASSES VISIT www.acct551rank