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Wildhorse Co. issues $300,000, 20-year, 8% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit
Wildhorse Co. issues $300,000, 20-year, 8% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Cash 30600000 Discount on Bonds Payable 24000 Bonds Payable 30576000
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