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Exercise 10-11 (Part Level Submission) Whispering Winds Corp. Issued $530,000 of 5-year, 10% bonds at 99 on January 1, 2019. The bonds pay interest annually.
Exercise 10-11 (Part Level Submission) Whispering Winds Corp. Issued $530,000 of 5-year, 10% bonds at 99 on January 1, 2019. The bonds pay interest annually. (a1) 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 cash Discount on Bonds Payable Bonds Payable Debit Credit 530000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS
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