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Problem 10-6A (Part Level Submission) On July 1,2015, Flanagin Corporation issued $1,838 300, 12%, 10-year bonds at S2,057 394. This price resulted in an effective

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Problem 10-6A (Part Level Submission) On July 1,2015, Flanagin Corporation issued $1,838 300, 12%, 10-year bonds at S2,057 394. This price resulted in an effective interest rate of 10% on the bonds uses the effective-interest method to amortize bond premium or discount. The bonds pay semiannual interest July 1 and January 1. Flanagin Prepare the journal entry to record the issuance of the bonds on July 1, 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date July 1, 2015 Account Titles and Explanation Debit Credit LIST OF ACCOUNTS Attempts: 0 of s used SAVEFRLATER SUBMIT ANSWER SUBMIT

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