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JNCU Principles of Financial Accounting Quiz & Income & Balance Worksheets

JNCU Principles of Financial Accounting Quiz & Income & Balance Worksheets

Question Description

Need help with my Accounting question – I’m studying for my class.

i need help on two online quiz and two assignments

content covered:

  1. Define the term bond and understand the differences between issuing bonds and stock.
  2. Recognize how to book a bond sale issued at face value and accrue interest at various dates.
  3. Explain why bonds sell at a premium or a discount.
  4. Record on the accounting records the issuance of bonds sold at a premium or sold at a discount.
  5. Define retained earnings and explain the various components found in that account.
  6. Record cash and stock dividends and understand how they impact the financial statements
  7. Record treasury stock transactions and describe their impact on the balance sheet.