Maps News Translate ment CALCULATOR FULL SCREEN Exercise 15-17 a-c (Part Level Submission) Wildhorse Corporation issued $670,000, 9%, 20-year bonds on January 1, 2020, for $612,959. This price resulted in an effective interest rate of 10% on the bonds. Interest is payable annually on January 1. Wildhorse uses the effective interest method to amortize bond premium or discount (a) Prepare the journal entry to record the issuance of the bonds. (Round answers to decimal places, e.. 15,250. Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Attempts: 0 of 15 used