Wildhorse Co. sold $3,310,000, 9%, 10-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually.

Prepare the journal entries to record the issuance of the bonds assuming they sold at: (1) 104 and (2) 97. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Current Attempt in Progress Wildhorse Co. sold $3,310,000,9%, 10-year bonds on January 1, 2017. The bonds were dated January 1, 2017, and pay interest on January 1. The company uses straight-line amortization on bond premiums and discounts. Financial statements are prepared annually. Prepare the journal entries to record the issuance of the bonds assuming they sold at: (1) 104 and (2) 97. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) NoDate Account Titles and Explanation Debit Credit 1. 1/1/17 2. 1/1/17 List of Accounts