On October $1,2024,$ Grouper Corp. issued $$792,000,5\%,10-$year bonds at face value. The bonds were dated October $1,2024,$ and pay interest annually on October $1.$ Financial statements are prepared annually on December $31.$

Prepare the journal entry to record the issuance of the bonds. $($List all debit entries before credit entries. 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 amqunts.$)$

Date

Account Titles and Explanation

Debit

Credit