Issuance of Long-Term Debt Anne Corp. issued $448,000, 5% bonds. 

Required: 

Provide the necessary journal entry to record the issuance of these bonds assuming:

Issuance of Long-Term Debt

Anne Corp. issued $416,000, 5% bonds.

Required:

Provide the necessary journal entry to record the issuance of these bonds assuming:

a. The bonds were issued at par.

Cash

Bonds Payable

Record issuance of bond at par

The bonds were issued at 102.

	Cash
	Bonds Payable
	Premium on Bonds Payable
	Record issuance of bond at premium