The journal entry to record an $800,000 bond issuance that is sold at 95 would be: Cash $760,000 Accounts Payable $760,000 Cash $760,000 Discount on Bonds Payable $40,000 Bonds Payable $800,000 Cash $800,000 Discount on Bonds Payable $40,000 Bonds Payable $760,000 Cash $760,000 Bonds Payable $760,000