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I am struggling with what goes where and how to come up with these answers. Exercise 15-06 al-b2 Wildhorse Company issued $600,000 of 5-year, 8%

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I am struggling with what goes where and how to come up with these answers.

image text in transcribed

Exercise 15-06 al-b2 Wildhorse Company issued $600,000 of 5-year, 8% bonds at 95 on January 1, 2020. The bonds pay interest annually. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation SHOW LIST OF ACCOUNTS LINK TO TEXT Compute the total cost of borrowing for these bonds. Total cost of borrowing SHOW LIST OF ACCOUNTS LINK TO TEXT Debit Credit Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 105. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation SHOW LIST OF ACCOUNTS LINK TO TEXT Debit Credit

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