1) If an amount box does not require an entry, leave it blank or enter " 0 ". Be sure to use the chart of accounts as Reference. Also, include Debit or Credit next to the journaled amount.

Chart of Accounts

Bonds Payable

Discount of Bonds Payable

Interest Expense

Interest Payable

Notes Payable

Cash

Premium of Bonds Payable

Discount on Bonds Payable

Notes Payable

A). Prepare the journal entry to issue $100,000 bonds that sold for $94,000.

_______________ . $ ________

_______________ . $_________

_______________. $_________

B. Prepare the jounral entry to issue $100,000 bonds that sold for $104,000.

______________ $_________

______________ $_________

______________ . $__________