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Hillside issues $2,300,000 of 8%, 15-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds are issued

Hillside issues $2,300,000 of 8%, 15-year bonds dated January 1, 2013, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,815,190.

Required:
1.

Prepare the January 1, 2013, journal entry to record the bonds issuance.

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