Practice Exercise 1 (Part Level Submission) Swisher Company issued $1,940,000 of bonds on January 1, 2017 (a) Your answer is correct. Prepare the journal entry to record the issuance of the bonds if they are issued at (1) 100, (2) 99, and (3) 105. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) Cash 1940000 Bonds Payable 1940000 (2) Cash 1920600 Discount on Bonds Payable 19400 Bonds Payable 1940000 (3) Cash 2037000) Bonds Payable 1940000 Premium on Bonds Payable 97000 SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT (b) Prepare the journal entry to record the redemption of the bonds at maturity, assuming the bonds were issued at 100. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Attempts: 0 of 1 used