$($a$)$

Prepare the journal entry to record the issuance of the bonds on January $1,2021.($Round present value factor calculations to $5$

decimal places, e$.$g$.1\mathrm{.}25124$ and the final answer to $0$ decimal places e$.$g$.58,971.$ If no entry is required, select $"$No Entry" for the account

titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

January $1,$

$2021$

Debit

Credit PREPARE BOND AMORTIZATION SCHEDULE INC. JAN $1$