Question: a Oriole Corporation has issued three different bonds during 2024. Interest is payable annually on each of these bonds. (a) Your answer is correct. On

a
Oriole Corporation has issued three different bonds during 2024. Interest is payable

Oriole Corporation has issued three different bonds during 2024. Interest is payable annually on each of these bonds. (a) Your answer is correct. On January 1, 2024, Oriole issued 1,060, 8%, 5-year, $1,000 bonds dated January 1, 2024, at face value. Prepare the journal entry to record the bond transaction at the date of issue. (List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. DO not indent manually. If no entry is required, select "NO Entry" for the account titles and enter O for the Date Jan. 1 Account Titles Cash Bonds Payable Debit 1060000 eTextbook and Media List of Accounts Your answer is partially correct. Credit 1060000 Attempts: 1 of 15 used On July 1, Oriole issued $954,000 of 9%, 5-yearbonds dated July 1, 2024, at 102. Prep ethe journal entry to record the bond transaction at the date of issue. (List debit entry before credit entry. Credit account titles are tically indented when the amount is entered. DO not indent manually. If no entry is required, select "NO Entry" fortheaccounttitles enter O for the amounts.) Date Account Titles July I Cash Bonds Payable Debit Credit

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