Question: On August 1 , 2 0 2 5 , Bridgeport Corp. issued $ 4 8 3 , 6 0 0 , 7 % , 1

On August

1, 2025,

Bridgeport Corp. issued $

483, 600, 7 %, 10 -

year bonds at face value. Interest is payable annually on August

1 .

Bridgeport's year

-

end is December

31 .

Prepare the journal entry to record the issuance of the bonds.

(

List all debit entries before credit entries. 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

Credi

Interest is payable annually on August 1. Bridgeport's year-end is December 31.

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