This question comes with a template as well.

Pueblo company issued $300,000 of 5-year, 8% bonds at 98 on January 1, 2014. The bonds pay interest twice a year. (a) (1) Prepare the journal entry to record the issuance of the bonds (2) Compute the total cost of borrowing for these bonds. (b) Repeat the requirements from part (a), assuming the bonds were issued at 104. Name Section Date Exercises 10-12 E10-12 Account Titles 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Debit Credit (a) (1) (2) (b) (1) Account Titles Debit (2) 615 Credit 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21