On September 1, 2025, Tamarisk Company sold at 104 (plus accrued interest) 4,800 of its 10%,...

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On September 1, 2025, Tamarisk Company sold at 104 (plus accrued interest) 4,800 of its 10%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $18 per share. Shortly after issuance, the warrants were quoted on the market for $4 each. No fair value can be determined for the Tamarisk Company bonds. Interest is payable on December 1 and June 1. Prepare in general journal format the 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 O for the amounts.) Date September 1, 2025 Account Titles and Explanation Cash Bonds Payable Premium on Bonds Payable Interest Expense Paid-in Capital-Stock Warrants eTextbook and Media List of Accounts Save for Later Last saved 2 days ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes Debit 5,086,800 Credit 4,800,000 286,800 38,400 120,000 Attempts: 2 of 3 used Submit Answer = SUPPOR On September 1, 2025, Tamarisk Company sold at 104 (plus accrued interest) 4,800 of its 10%, 10-year, $1,000 face value, nonconvertible bonds with detachable stock warrants. Each bond carried two detachable warrants. Each warrant was for one share of common stock at a specified option price of $18 per share. Shortly after issuance, the warrants were quoted on the market for $4 each. No fair value can be determined for the Tamarisk Company bonds. Interest is payable on December 1 and June 1. Prepare in general journal format the 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 O for the amounts.) Date September 1, 2025 Account Titles and Explanation Cash Bonds Payable Premium on Bonds Payable Interest Expense Paid-in Capital-Stock Warrants eTextbook and Media List of Accounts Save for Later Last saved 2 days ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes Debit 5,086,800 Credit 4,800,000 286,800 38,400 120,000 Attempts: 2 of 3 used Submit Answer = SUPPOR