Assignment Home Read, Study & Practice Assignment > Open Assignment Exercise 15-06 al-b2 Sheridan Company issued $580,000 of 5-year, 7% bonds at 95 on January 1, 2020. The bonds pay interest annually. Chepter 15 Homework not in omatically indented when amount is entered. Deo Prepare the journal entry to record the issuance of the bonds. (Credit account titles are au Practier Question 02 Credit and Explanation Debit b (Pert Leve SHOW LIST OF ACCOUNTS Compute the total cost of borrowing for these bonds. Pert Level Submisien Total cost of borrowing Mideo) SHOW LIST OF ACCOUNTS Review Score Review Results by LINK TO TEXT All Rights Reserved. A Division of O Type here to search ssignment prepare the jourmnal ecuance of the bonds, suming the bonds r sued at 101.(Credit acount ta entered. Do not indent manially Credit Debit Account Titles and Explanation SHOW LIST OF ACCOUNTS a: LINK TO TEXT Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 101. nl Total cost of borrowing