On September $1,2025.$ Sheffield Company sold at $104($plus accrued interest$)4,920$ of its $8\%,10-$year, $$1,000$ face

value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant

was for one share of common stock at a specified option price of $$15$ per share. Shortly after issuance, the warrants

were quoted on the market for $$3$ each. No fair value can be determined for the Sheffield Company bonds. Interest is

payable on December $1$ and June $1.$

Prepare in general journal format the 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 o for the

amounts.$)$

Debit

Credit