Question: Brief Exercise 10-19 (Part Level Submission) Splish Brothers Inc. issues $4.10 million, 10-year, 8% bonds at 94, with interest payable annually on January 1. The

Brief Exercise 10-19 (Part Level Submission) Splish Brothers Inc. issues $4.10

Brief Exercise 10-19 (Part Level Submission) Splish Brothers Inc. issues $4.10 million, 10-year, 8% bonds at 94, with interest payable annually on January 1. The straight-line method is used to amortize bond discount. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1

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