Instructions Required: (a) Prepare the journal entry to issue $100,000 bonds that sold for $94.000 on December 31.* (b) Prepare the journal entry to issue $100,000 bonds that sold for $104.000 on December 31.* *Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts ASSETS REVENUE 110 Cash 410 Sales 610 Interest Revenue 611 Gain on Redemption of Bonds 111 Petty Cash 112 Accounts Receivable 113 Allowance for Doubtful Accounts 114 Notes Receivable 115 Interest Receivable 121 Merchandise Inventory 122 Supplies 131 Prepaid Insurance EXPENSES 510 Cost of Merchandise Sold 511 Bad Debt Expense 512 Credit Card Expense 513 Cash Short and Over 140 Land 151 Building 152 Accumulated Depreciation-Building 153 Equipment 154 Accumulated Depreciation Equipment 521 Salaries Expense 531 Advertising Expense 532 Delivery Expense 533 Repairs Expense 534 Rent Expense 535 Insurance Expense 536 Supplies Expense 551 Depreciation Expense-Building 552 Depreciation Expense-Equipment 590 Miscellaneous Expense 710 Interest Expense 711 Loss on Redemption of Bonds LIABILITIES 210 Accounts Payable 221 Salaries Payable 231 Sales Tax Payable 241 Notes Payable 242 Interest Payable 251 Bonds Payable 252 Discount on Bonds Payable 253 Premium on Bonds Payable General Journal Prepare the journal entry to issue $100,000 bonds that sold for $94.000 on December 31. Refer to the Chart of Accounts for exact wording o account titles. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3 Prepare the journal entry to issue $100.000 bonds that sold for $104.000 on December 31. Refer to the Chart of Accounts for exact wording account titles. PAGE 1 JOURNAL DATE DESCRIPTION POST. REF. DEBIT CREDIT 1 2 3