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The following information applies to the questions displayed below.] like issues exist90,000 of 11%, three-year bonds dated January 1, 2015, that pay interest semiannually on

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The following information applies to the questions displayed below.] like issues exist90,000 of 11%, three-year bonds dated January 1, 2015, that pay interest semiannually on June 30 and December 31. They are issued at exist92, 283. Their market rate is 10% at the issue date. Required: Prepare the January 1, 2015, journal entry to record the bonds' issuance

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