Prepare the journal entry to record the issuance of the bonds. $($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Account Titles and Explanation

Debit

Credit

Account Titles and Exple

Ay CUNY Login $-$ The...

Welcome, Tata $-$ BI$.$

Poe $-$

NWP Assessment.

Question $1$ of $1-�.$

$\frac{4\mathrm{.}5}{10},$vdots

cash

$447,200$

bonds payable

$430,000$

premium on bonds payable

$17,200$

eTextbook and Media

List of Accounts

Attempts: $2$ of $3$ used

Using multiple attempts has impacted your score.

$10\%$ score reduction after attempt $1$

$($b$)$

Show how the bonds would be reported on the balance sheet at the date of issuance. $($Enter account name only and do not provide descriptive information.$)$