check first part, answer second

Prepare the journal entry for the issuance assuming the bonds are issued at 106. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Cash Premium on Bonds Payable Bonds Payable On January 1, 2020, Blossom Company issued bonds with a face value of $870,000. The bonds carry a stated interest of 8% payable each January 1 (a) Your answer has been saved. See score details after the due date. Prepare the journal entry for the issuance assuming the bonds are issued at 94. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Account Titles and Explanation Debit Credit Cash 817800 Discount on Bonds Payable 52200 Bonds Payable 870000