SlideShare a Scribd company logo
Dillip Corp., a wholesaler of office equipment, issued
$45,000,000 of 10-year, 10% callable bonds on March 1, 2012,
with interest payable on March 1 and September 1. The fiscal
year of the company is the calendar year.
Journalize the entries to record the following selected
transactions.
2012
March 1. Issued the bonds for cash at their amount.
Sept 1 . Paid the interest on the bonds.
2016
Sept 1. Called the bond issue at 103, the rate provided in the
bond indenture. (Omit entry for payment of interest.)

More Related Content

More from mariona83

Directions For each classmate post below reply with 200 words, de.docx
Directions For each classmate post below reply with 200 words, de.docxDirections For each classmate post below reply with 200 words, de.docx
Directions For each classmate post below reply with 200 words, de.docx
mariona83
 
Directions for 500Level Research Paper School of Securi.docx
Directions for 500Level Research Paper  School of Securi.docxDirections for 500Level Research Paper  School of Securi.docx
Directions for 500Level Research Paper School of Securi.docx
mariona83
 
Directions Follow the directions in each Part below to complete the.docx
Directions Follow the directions in each Part below to complete the.docxDirections Follow the directions in each Part below to complete the.docx
Directions Follow the directions in each Part below to complete the.docx
mariona83
 
Directions for a complete postWhat is your take-away fro.docx
Directions for a complete postWhat is your take-away fro.docxDirections for a complete postWhat is your take-away fro.docx
Directions for a complete postWhat is your take-away fro.docx
mariona83
 
Directions Flexible Budget Performance Report Project  You a.docx
Directions Flexible Budget Performance Report Project  You a.docxDirections Flexible Budget Performance Report Project  You a.docx
Directions Flexible Budget Performance Report Project  You a.docx
mariona83
 
Directions End of Life • An 80, year old woman was admitted.docx
Directions End of Life • An 80, year old woman was admitted.docxDirections End of Life • An 80, year old woman was admitted.docx
Directions End of Life • An 80, year old woman was admitted.docx
mariona83
 
Directions Complete the three tasks associated with project c.docx
Directions Complete the three tasks associated with project c.docxDirections Complete the three tasks associated with project c.docx
Directions Complete the three tasks associated with project c.docx
mariona83
 
Directions essay 3 Write a post-session summary based on the com.docx
Directions essay 3 Write a post-session summary based on the com.docxDirections essay 3 Write a post-session summary based on the com.docx
Directions essay 3 Write a post-session summary based on the com.docx
mariona83
 
Directions End of Life• An 80, year old woman was admitted to t.docx
Directions End of Life• An 80, year old woman was admitted to t.docxDirections End of Life• An 80, year old woman was admitted to t.docx
Directions End of Life• An 80, year old woman was admitted to t.docx
mariona83
 
Directions Click Discussion. Respond twice in the discussion form. .docx
Directions Click Discussion. Respond twice in the discussion form. .docxDirections Click Discussion. Respond twice in the discussion form. .docx
Directions Click Discussion. Respond twice in the discussion form. .docx
mariona83
 
Directions Choose twenty (20) of the following questions and prov.docx
Directions Choose twenty (20) of the following questions and prov.docxDirections Choose twenty (20) of the following questions and prov.docx
Directions Choose twenty (20) of the following questions and prov.docx
mariona83
 
Directions Choose one (1) prompt from each of the four (4) sect.docx
Directions Choose one (1) prompt from each of the four (4) sect.docxDirections Choose one (1) prompt from each of the four (4) sect.docx
Directions Choose one (1) prompt from each of the four (4) sect.docx
mariona83
 
Directions Choose only two video assignments to complete! Watch t.docx
Directions Choose only two video assignments to complete! Watch t.docxDirections Choose only two video assignments to complete! Watch t.docx
Directions Choose only two video assignments to complete! Watch t.docx
mariona83
 
Directions at the bottomActivity 19.2 Comparing the Sizes .docx
Directions at the bottomActivity 19.2 Comparing the Sizes .docxDirections at the bottomActivity 19.2 Comparing the Sizes .docx
Directions at the bottomActivity 19.2 Comparing the Sizes .docx
mariona83
 
Directions Answer two of the following sets of questions. Be .docx
Directions Answer two of the following sets of questions. Be .docxDirections Answer two of the following sets of questions. Be .docx
Directions Answer two of the following sets of questions. Be .docx
mariona83
 
Directions Answer two of the following sets of questions..docx
Directions Answer two of the following sets of questions..docxDirections Answer two of the following sets of questions..docx
Directions Answer two of the following sets of questions..docx
mariona83
 
Directions Answer the following ten essay questions thoroughly an.docx
Directions Answer the following ten essay questions thoroughly an.docxDirections Answer the following ten essay questions thoroughly an.docx
Directions Answer the following ten essay questions thoroughly an.docx
mariona83
 
Directions Answer the questions below in well developed paragraph.docx
Directions Answer the questions below in well developed paragraph.docxDirections Answer the questions below in well developed paragraph.docx
Directions Answer the questions below in well developed paragraph.docx
mariona83
 
Directions Answer the questions below and cite examples from the .docx
Directions Answer the questions below and cite examples from the .docxDirections Answer the questions below and cite examples from the .docx
Directions Answer the questions below and cite examples from the .docx
mariona83
 
Directions Answer the questions listed below.Your response to.docx
Directions Answer the questions listed below.Your response to.docxDirections Answer the questions listed below.Your response to.docx
Directions Answer the questions listed below.Your response to.docx
mariona83
 

More from mariona83 (20)

Directions For each classmate post below reply with 200 words, de.docx
Directions For each classmate post below reply with 200 words, de.docxDirections For each classmate post below reply with 200 words, de.docx
Directions For each classmate post below reply with 200 words, de.docx
 
Directions for 500Level Research Paper School of Securi.docx
Directions for 500Level Research Paper  School of Securi.docxDirections for 500Level Research Paper  School of Securi.docx
Directions for 500Level Research Paper School of Securi.docx
 
Directions Follow the directions in each Part below to complete the.docx
Directions Follow the directions in each Part below to complete the.docxDirections Follow the directions in each Part below to complete the.docx
Directions Follow the directions in each Part below to complete the.docx
 
Directions for a complete postWhat is your take-away fro.docx
Directions for a complete postWhat is your take-away fro.docxDirections for a complete postWhat is your take-away fro.docx
Directions for a complete postWhat is your take-away fro.docx
 
Directions Flexible Budget Performance Report Project  You a.docx
Directions Flexible Budget Performance Report Project  You a.docxDirections Flexible Budget Performance Report Project  You a.docx
Directions Flexible Budget Performance Report Project  You a.docx
 
Directions End of Life • An 80, year old woman was admitted.docx
Directions End of Life • An 80, year old woman was admitted.docxDirections End of Life • An 80, year old woman was admitted.docx
Directions End of Life • An 80, year old woman was admitted.docx
 
Directions Complete the three tasks associated with project c.docx
Directions Complete the three tasks associated with project c.docxDirections Complete the three tasks associated with project c.docx
Directions Complete the three tasks associated with project c.docx
 
Directions essay 3 Write a post-session summary based on the com.docx
Directions essay 3 Write a post-session summary based on the com.docxDirections essay 3 Write a post-session summary based on the com.docx
Directions essay 3 Write a post-session summary based on the com.docx
 
Directions End of Life• An 80, year old woman was admitted to t.docx
Directions End of Life• An 80, year old woman was admitted to t.docxDirections End of Life• An 80, year old woman was admitted to t.docx
Directions End of Life• An 80, year old woman was admitted to t.docx
 
Directions Click Discussion. Respond twice in the discussion form. .docx
Directions Click Discussion. Respond twice in the discussion form. .docxDirections Click Discussion. Respond twice in the discussion form. .docx
Directions Click Discussion. Respond twice in the discussion form. .docx
 
Directions Choose twenty (20) of the following questions and prov.docx
Directions Choose twenty (20) of the following questions and prov.docxDirections Choose twenty (20) of the following questions and prov.docx
Directions Choose twenty (20) of the following questions and prov.docx
 
Directions Choose one (1) prompt from each of the four (4) sect.docx
Directions Choose one (1) prompt from each of the four (4) sect.docxDirections Choose one (1) prompt from each of the four (4) sect.docx
Directions Choose one (1) prompt from each of the four (4) sect.docx
 
Directions Choose only two video assignments to complete! Watch t.docx
Directions Choose only two video assignments to complete! Watch t.docxDirections Choose only two video assignments to complete! Watch t.docx
Directions Choose only two video assignments to complete! Watch t.docx
 
Directions at the bottomActivity 19.2 Comparing the Sizes .docx
Directions at the bottomActivity 19.2 Comparing the Sizes .docxDirections at the bottomActivity 19.2 Comparing the Sizes .docx
Directions at the bottomActivity 19.2 Comparing the Sizes .docx
 
Directions Answer two of the following sets of questions. Be .docx
Directions Answer two of the following sets of questions. Be .docxDirections Answer two of the following sets of questions. Be .docx
Directions Answer two of the following sets of questions. Be .docx
 
Directions Answer two of the following sets of questions..docx
Directions Answer two of the following sets of questions..docxDirections Answer two of the following sets of questions..docx
Directions Answer two of the following sets of questions..docx
 
Directions Answer the following ten essay questions thoroughly an.docx
Directions Answer the following ten essay questions thoroughly an.docxDirections Answer the following ten essay questions thoroughly an.docx
Directions Answer the following ten essay questions thoroughly an.docx
 
Directions Answer the questions below in well developed paragraph.docx
Directions Answer the questions below in well developed paragraph.docxDirections Answer the questions below in well developed paragraph.docx
Directions Answer the questions below in well developed paragraph.docx
 
Directions Answer the questions below and cite examples from the .docx
Directions Answer the questions below and cite examples from the .docxDirections Answer the questions below and cite examples from the .docx
Directions Answer the questions below and cite examples from the .docx
 
Directions Answer the questions listed below.Your response to.docx
Directions Answer the questions listed below.Your response to.docxDirections Answer the questions listed below.Your response to.docx
Directions Answer the questions listed below.Your response to.docx
 

Recently uploaded

Bonku-Babus-Friend by Sathyajith Ray (9)
Bonku-Babus-Friend by Sathyajith Ray  (9)Bonku-Babus-Friend by Sathyajith Ray  (9)
Bonku-Babus-Friend by Sathyajith Ray (9)
nitinpv4ai
 
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptxBIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
RidwanHassanYusuf
 
skeleton System.pdf (skeleton system wow)
skeleton System.pdf (skeleton system wow)skeleton System.pdf (skeleton system wow)
skeleton System.pdf (skeleton system wow)
Mohammad Al-Dhahabi
 
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
TechSoup
 
Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10
nitinpv4ai
 
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
Level 3 NCEA - NZ: A  Nation In the Making 1872 - 1900 SML.pptLevel 3 NCEA - NZ: A  Nation In the Making 1872 - 1900 SML.ppt
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
Henry Hollis
 
Stack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 MicroprocessorStack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 Microprocessor
JomonJoseph58
 
MDP on air pollution of class 8 year 2024-2025
MDP on air pollution of class 8 year 2024-2025MDP on air pollution of class 8 year 2024-2025
MDP on air pollution of class 8 year 2024-2025
khuleseema60
 
Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...
PsychoTech Services
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Fajar Baskoro
 
Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47
MysoreMuleSoftMeetup
 
How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
HajraNaeem15
 
Pharmaceutics Pharmaceuticals best of brub
Pharmaceutics Pharmaceuticals best of brubPharmaceutics Pharmaceuticals best of brub
Pharmaceutics Pharmaceuticals best of brub
danielkiash986
 
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
GeorgeMilliken2
 
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
Nguyen Thanh Tu Collection
 
مصحف القراءات العشر أعد أحرف الخلاف سمير بسيوني.pdf
مصحف القراءات العشر   أعد أحرف الخلاف سمير بسيوني.pdfمصحف القراءات العشر   أعد أحرف الخلاف سمير بسيوني.pdf
مصحف القراءات العشر أعد أحرف الخلاف سمير بسيوني.pdf
سمير بسيوني
 
Lifelines of National Economy chapter for Class 10 STUDY MATERIAL PDF
Lifelines of National Economy chapter for Class 10 STUDY MATERIAL PDFLifelines of National Economy chapter for Class 10 STUDY MATERIAL PDF
Lifelines of National Economy chapter for Class 10 STUDY MATERIAL PDF
Vivekanand Anglo Vedic Academy
 
Standardized tool for Intelligence test.
Standardized tool for Intelligence test.Standardized tool for Intelligence test.
Standardized tool for Intelligence test.
deepaannamalai16
 
Electric Fetus - Record Store Scavenger Hunt
Electric Fetus - Record Store Scavenger HuntElectric Fetus - Record Store Scavenger Hunt
Electric Fetus - Record Store Scavenger Hunt
RamseyBerglund
 
Wound healing PPT
Wound healing PPTWound healing PPT
Wound healing PPT
Jyoti Chand
 

Recently uploaded (20)

Bonku-Babus-Friend by Sathyajith Ray (9)
Bonku-Babus-Friend by Sathyajith Ray  (9)Bonku-Babus-Friend by Sathyajith Ray  (9)
Bonku-Babus-Friend by Sathyajith Ray (9)
 
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptxBIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
BIOLOGY NATIONAL EXAMINATION COUNCIL (NECO) 2024 PRACTICAL MANUAL.pptx
 
skeleton System.pdf (skeleton system wow)
skeleton System.pdf (skeleton system wow)skeleton System.pdf (skeleton system wow)
skeleton System.pdf (skeleton system wow)
 
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
Elevate Your Nonprofit's Online Presence_ A Guide to Effective SEO Strategies...
 
Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10Haunted Houses by H W Longfellow for class 10
Haunted Houses by H W Longfellow for class 10
 
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
Level 3 NCEA - NZ: A  Nation In the Making 1872 - 1900 SML.pptLevel 3 NCEA - NZ: A  Nation In the Making 1872 - 1900 SML.ppt
Level 3 NCEA - NZ: A Nation In the Making 1872 - 1900 SML.ppt
 
Stack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 MicroprocessorStack Memory Organization of 8086 Microprocessor
Stack Memory Organization of 8086 Microprocessor
 
MDP on air pollution of class 8 year 2024-2025
MDP on air pollution of class 8 year 2024-2025MDP on air pollution of class 8 year 2024-2025
MDP on air pollution of class 8 year 2024-2025
 
Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...Gender and Mental Health - Counselling and Family Therapy Applications and In...
Gender and Mental Health - Counselling and Family Therapy Applications and In...
 
Pengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptxPengantar Penggunaan Flutter - Dart programming language1.pptx
Pengantar Penggunaan Flutter - Dart programming language1.pptx
 
Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47Mule event processing models | MuleSoft Mysore Meetup #47
Mule event processing models | MuleSoft Mysore Meetup #47
 
How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
 
Pharmaceutics Pharmaceuticals best of brub
Pharmaceutics Pharmaceuticals best of brubPharmaceutics Pharmaceuticals best of brub
Pharmaceutics Pharmaceuticals best of brub
 
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
 
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
BÀI TẬP BỔ TRỢ TIẾNG ANH LỚP 9 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2024-2025 - ...
 
مصحف القراءات العشر أعد أحرف الخلاف سمير بسيوني.pdf
مصحف القراءات العشر   أعد أحرف الخلاف سمير بسيوني.pdfمصحف القراءات العشر   أعد أحرف الخلاف سمير بسيوني.pdf
مصحف القراءات العشر أعد أحرف الخلاف سمير بسيوني.pdf
 
Lifelines of National Economy chapter for Class 10 STUDY MATERIAL PDF
Lifelines of National Economy chapter for Class 10 STUDY MATERIAL PDFLifelines of National Economy chapter for Class 10 STUDY MATERIAL PDF
Lifelines of National Economy chapter for Class 10 STUDY MATERIAL PDF
 
Standardized tool for Intelligence test.
Standardized tool for Intelligence test.Standardized tool for Intelligence test.
Standardized tool for Intelligence test.
 
Electric Fetus - Record Store Scavenger Hunt
Electric Fetus - Record Store Scavenger HuntElectric Fetus - Record Store Scavenger Hunt
Electric Fetus - Record Store Scavenger Hunt
 
Wound healing PPT
Wound healing PPTWound healing PPT
Wound healing PPT
 

Dillip Corp., a wholesaler of office equipment, issued $45,000,000 o.docx

  • 1. Dillip Corp., a wholesaler of office equipment, issued $45,000,000 of 10-year, 10% callable bonds on March 1, 2012, with interest payable on March 1 and September 1. The fiscal year of the company is the calendar year. Journalize the entries to record the following selected transactions. 2012 March 1. Issued the bonds for cash at their amount. Sept 1 . Paid the interest on the bonds. 2016 Sept 1. Called the bond issue at 103, the rate provided in the bond indenture. (Omit entry for payment of interest.)