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Hillside issues $2.600.000 of 5% 15-year bonds dated January 1 2016, t at pynt price of $2,246,690. est seri aly on June 30 ad December

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Hillside issues $2.600.000 of 5% 15-year bonds dated January 1 2016, t at pynt price of $2,246,690. est seri aly on June 30 ad December 31 The bo os em Required: 1. Prepare the January 1,2016, jounal entry to record the bonds issuance View transaction list Journal entry worksheet Record the issue of bonds with a par value of $2.600,000 cash on January 1, 2016 at an issue price of $2.246,690. Note: Enter debits be ore credits Jan 01, 2010 :Cash 2 246.690 scount on bonds payable Bonds payable 800000 -general journal Record entry Clear entry

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