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Brief Exercise 15-03 a-c (Part Level Submission) Carla Vista Corporation issued 3,900, 6%, 5-year, $1,000 bonds dated January 1, 2020, at 100. Interest is paid

Brief Exercise 15-03 a-c (Part Level Submission)

Carla Vista Corporation issued 3,900, 6%, 5-year, $1,000 bonds dated January 1, 2020, at 100. Interest is paid each January 1.

(a)

Prepare the journal entry to record the sale of these bonds on January 1, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Date

Account Titles and Explanation

Debit

Credit

Janaury 1, 2020

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