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Hillside issues $3,000,000 of 6%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31. The bonds are issued

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Hillside issues $3,000,000 of 6%, 15-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31. The bonds are issued at a price of $2,592,334. Required: 1. Prepare the January 1,2015, jourmal entry to record the bonds' issuance. View transaction list Journal entry worksheet Record the issue of bonds with a par value of $3,000,000 cash on January 1, 2015 at an issue price of $2,592,334. Jan 01, 2015 Clear entry Record entry

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