On january 1, applied technologies corporation (atc) issued $650,000 in bonds that mature in 10 years. the bonds have a stated interest rate of 12 percent. when the bonds were issued, the market interest rate was 12 percent. the bonds pay interest once per year on december 31. determine the price at which the bonds were issued and the amount that atc received at issuance. complete the required journal entries to record the bond issuance and the first interest payment on december 31 assuming no interest has been accrued earlier in the year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work