Cornerstone Exercise $9-24($Algorithmic$)$

Issuance of Long$-$Term Debt

EWO Enterprises issues $$205,000$ of bonds payable.

Required:

Provide the necessary journal entry to record the issuance of the bonds assuming:

a$.$ The bonds were issued at par.

$$

$$

$($Record issuance of bond at par$)$

b$.$ The bonds were issued at $104\mathrm{.}5.$

$$

$$

$($Record issuance of bond at premium$)$

c$.$ The bonds were issued at $99.$

$$

$$

$($Record issuance of bond at discount