Current Attempt in Progress

Deleau Equipment Ltd$.$ issued $12\%,$ five$-$year bonds with a face value of $$81,300,000$ on October $1,2020.$ The bonds were issued at par and pay interest on March $31$ and September $30$ each year. Deleau's year end is December $31.$

$($a$)$

Prepare the journal entry for the issuance of the bonds. $($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

Oct. $1$