Hillside issues $4,000,000 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 $4,895,980.

Required:

1.

5b.

Required: 1. Prepare the January 1, 2015, journal entry to record the bonds' issuance. view transaction list view general journal Journal Entry Worksheet Record the issue of bonds with a par value of $4,000,000 on January 1, 2015 at an issue price of $4,895,980. Date General Journal Debit Credit Jan 01, 2015 er debits before credits done clear entry record entry