Current Attempt in Progress Oriole Company issued $670,000 of 5-year, 6% bonds at 95 on January 1, 2022. The bonds pay interest annually. (a1) Your Answer Correct Answer Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount entered. Do not indent manually.) TH

Current Attempt in Progress Oriole Company issued $670,000 of 5-year, 6% bonds at 95 on January 1,2022 . The bonds pay interest annually. (a1) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amoun entered. Do not indent manually.) 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. Your answer is incorrect. Compute the total cost of borrowing for these bonds. Total cost of borrowing