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Wildhorse Co. issued $485,000,15-year, 4% bonds at 96 . (a) Your answer is correct. Prepare the journal entry to record the sale of these bonds

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Wildhorse Co. issued $485,000,15-year, 4% bonds at 96 . (a) Your answer is correct. Prepare the journal entry to record the sale of these bonds on January 1, 2025. (List all debit entries before credit entries. Cr account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entr) account titles and enter 0 for the amounts.) Suppose the remaining Discount on Bonds Payable was $11,640 on December 31,2030 , Show the balance sheet presentation on this date

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