$($a$1)$

Your answer is correct.

Prepare the journal entry to record the issuance of the bonds. $($Credit account titles are automatically indented when amount is

entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

Cash

$483630$

Discount on Bonds Payable

$9870$

Attempts: $2$ of $3$ used

Your answer is correct.

Compute the total cost of borrowing for these bonds.

Total cost of borrowing

$

eTextbook and Media

eTextbook

List of Accounts

Attempts: $2$ of $3$ used

$($b$1)$

Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at $103.($Credit account titles are

automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and

enter $0$ for the amounts.$)$