On May $1,2025,$ Blue Company issued $2,500$ $$1,000$ bonds at $102.$ Each bond was issued with one detachable stock warrant. Shortly

after issuance, the bonds were selling at $99,$ but the fair value of the warrants cannot be determined.

a$.$ Prepare the entry to record the issuance of the bonds and warrants. $($List debit entry before credit entry. Credit account titles are

automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and

enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit