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can someone help? UWUIK 5 QS 14-6 Journalizing premium bond issuance LO P3 Garcia Company issues 115%, 15 year bonds with a par value of

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UWUIK 5 QS 14-6 Journalizing premium bond issuance LO P3 Garcia Company issues 115%, 15 year bonds with a par value of $270,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9,5%, which imples a selling price of 115 3/4 Prepare the journal entry for the issuance of these bonds for cash on January 1 View transaction Fiat Journal entry worksheet 1 Record the issue of bonds with a par value of $270,000 at a selling price of 115 3/4 erences Note: terebis before credits Date Credit Debit 310.500 Jan 01 General Journal Cash Bonds payable Premium on bonds payable Record any Clear entry View general journal

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