For long term business success, a successful business must generate most of its cash from: operating activities. investing activities. financing activities. noncash investing and financing activities. May Corporation issues $2,700,000, 10-year, 10% bonds dated January 1 at 93. The journal entry to record the issuance will include a: credit to Bonds Payable for $2,511,000. debit to Cash for $2,700,000. debit to Discount on Bonds Payable for $189,000, credit to Cash for $2,511,000