Exercise 10-11 Concord Corporation issued $493,500 of 5-year, 5% bonds at 98 on January 1, 2019. The bonds pay interest annually. 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.) Account Titles and Explanation Debit Compute the total cost of borrowing for these bonds. Total cost of borrowing s Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 103. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit