Question: Blue Spruce Corp. issues 810, 10-year, 8%, $1000 bonds dated January 1, 2017, at 95. The journal entry to record the issuance will show a

Blue Spruce Corp. issues 810, 10-year, 8%, $1000 bonds dated January

Blue Spruce Corp. issues 810, 10-year, 8%, $1000 bonds dated January 1, 2017, at 95. The journal entry to record the issuance will show a debit to Cash for $769500. credit to Bonds Payable for $769500. credit to Discount on Bonds Payable for $40500. debit to Cash of $810000

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