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On December 31,2025 , Ford issues $2,000,000 face value, 5%,5-year bonds. Interest is paid semiannually each June 30 & December 31 . The bonds sell

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On December 31,2025 , Ford issues $2,000,000 face value, 5%,5-year bonds. Interest is paid semiannually each June 30 \& December 31 . The bonds sell at a price of 101 and the company uses the straight-line method of amortizing bond discount/premium. Record the entry when the bonds are issued

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