prepare the journal entry to record the issuance of the bonds on Jan. 1, 2019.

Problem 10-4A (Part Level Submission) Concord Corporation sold $5,400,000,14%, 15-year bonds on January 1, 2019. The bonds were dated January 1, 2019, and paid interest on January 1. The bonds were sold at 97. Prepare the journal entry to record the issuance of the bonds on January 1, 2019. (Credit account cities are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan 1, 2019 Cash Premium on Bonds Payable Bonds Payable .. ... SE