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Paris Electric sold $2,300,000, s%, 10-year bonds on January 1, 2017. The bonds were dated January 1 and pay interest annually on Janary 1, Pans

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Paris Electric sold $2,300,000, s%, 10-year bonds on January 1, 2017. The bonds were dated January 1 and pay interest annually on Janary 1, Pans Electric uses the straight-line method to amortize bond premium or discount. The bonds were sold at 102. (a) entered. Do not indent manually.) Prepare the journal entry to record the issuance of the bonds on January 1, 2017. (Credit account titles are automatically Indented when amount is Debit Credit Jan. 1, 2017

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