Exercise 14-13 Your answer is partially correct. Try again. Indigo, Inc. had outstanding $6,490,000 of 1190 bonds (interest payable July 31 and January 31) due in 10 years. On July 1, it issued $8,840,000 of 10%, 15-year bonds (interest payable July 1 and January 1) at 99, A portion of the proceeds was used to call the 11% bonds (with unamortized discount of $194,700) at 103 on August 1 Prepare the journal entries necessary to record issue of the new bonds and the refunding of the bonds. Round answers to O decimal places, e.g. 38,548. If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually Date Account Tiiles and Esplanatien Debit Credit uly Cash Discount on Bonds Payable Bonds Payable (Terecord issuance of 10% bonb)