Brief Exercise 9-46 Issuance of Long-Term Debt order to purchase a large piece of equipment. To finance its equipment purchase, APL issued $3,600,000 of 8% bonds payable. APL Enterprises required an infusion of cash Required: Prepare the necessary journal entries to record the issuance of the bonds assuming the bonds were issued (a) at par, (b) at 102, and (c) at 97. a. b