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On January 1, 2016, Damell Window and Pane issued $19.1 million of 10-year, zero-coupon bonds for $7,363,877. (FV of $1, PV of $1, FVA of

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On January 1, 2016, Damell Window and Pane issued $19.1 million of 10-year, zero-coupon bonds for $7,363,877. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1, FVAD of 1 and PVAD of $1) Use appropriate Required: 1. Prepare the journal entry to record the bond issue. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollar.) View transaction list Journal entry worksheet Record the issuance of the bonds. Note: Enter debits before credits. Date General Journal Debit Credit January 01, 2016 Record entry Clear entry View general journal

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