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Metiock, inc, issues 5240 million, 10 -year, 117 bonds at 94 , with interest payable on December 31 . The straight-line method is used to

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Metiock, inc, issues 5240 million, 10 -year, 117 bonds at 94 , with interest payable on December 31 . The straight-line method is used to amortive bond discount (a) Prepare the fournal entry to record the sale of these bonds on January 1, 2022. (Credlt account titles are outomotically indented when amount is entered Do not indent manuallyd

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