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Current Attempt in Progress Oriole Corporation issued 3,500, 9%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a)

Current Attempt in Progress Oriole Corporation issued 3,500, 9%, 5-year, $1,000 bonds dated January 1, 2022, at 100. Interest is paid each January 1. (a) Your answer is partially correct. Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Janaury 1, 2022 Cash Bonds Payable Debit 350,000 Credit 350,000

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