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On lanuary 1, lvanhoe Company isued $345,000, Ax. 10 -year bonds at face value. Interest is payable annually on January 1. Prepare the journal entry

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On lanuary 1, lvanhoe Company isued \$345,000, Ax. 10 -year bonds at face value. Interest is payable annually on January 1. Prepare the journal entry to record the issuance of the bonds. (Wet all debit entries before credt entries Crefit occount titles are outomotiodly indorited when amount is entened Do not indent manually. If no entry hi mauled, select "Wo Entry" for the ococunt bibles and enter 0 for the aroints) Prepare the journsi entry to record the accrual of interest on December 31. (Uif ail debit entries before cheft entries. Credit account vitier ond enter Ofor the amounts) Prepare the joumal entry to record the payment of interest on January 1 , that all debit entries before ondit entries Cralit account titles are outomaticaliy indented when omount is entered. Do not indent manul. If no entry b required, ielect "No Entry" for the account ticier ond enter Ofor the omounts)

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