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3 Part 1 of 4 Required information [The following information applies to the questions displayed below.] Legacy issues $610,000 of 6.5%, four-year bonds dated
3 Part 1 of 4 Required information [The following information applies to the questions displayed below.] Legacy issues $610,000 of 6.5%, four-year bonds dated January 1, 2019, that pay interest semiannually on June 30 and December 31. They are issued at $579,203 when the market rate is 8%. 2.08 points eBook Required: 1. Prepare the January 1 journal entry to record the bonds' issuance. Print View transaction list References Journal entry worksheet 1 Record the issue of bonds with a par value of $610,000 on January 1, 2019 at an issue price of $579,203. Note: Enter debits before credits. Date General Journal Debit Credit January 01 View general journal Record entry Clear entry
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