CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Short Problem 01 a,b On January 1, 2017, Lukens Corporation issued 5-year bonds with a $50,000 face amount and a 6% annual coupon rate paid annually on January 1. The bonds were issued at $44,166 when the market rate of interest was 9%. Prepare the journal entry to record the issuance of the bonds on January 1, 2017. Round to the nearest dollar. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS Were the bonds issued at a premium or discount? The bonds were issued at a SHOW LIST OF ACCOUNTS BB Question Attempts: 0 of 1 used