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On August 1, 2022, Blue Spruce Corp. issued $481,200,7%,10y tar bonds at face value. Interest is payable annually on August 1. Blu Spruce's year-end is

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On August 1, 2022, Blue Spruce Corp. issued $481,200,7%,10y tar bonds at face value. Interest is payable annually on August 1. Blu Spruce's year-end is December 31. (a) Prepare the journal entry to record the issuance of the bonds. (Credit occount titles are automatically indented when amount is entered. Do not indent manually)

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