Question: please help/show work trying to learn! On Jan. 1, Year 1, Foxcroft Inc. issued 120 bonds with a face value of $1,200 for $147,400. The

please help/show work trying to learn!

On Jan. 1, Year 1, Foxcroft Inc. issued 120 bonds with a face value of $1,200 for $147,400. The bonds had a stated rate of 7% and paid interest semi-annually What is the journal entry to record the issuance of the bonds? tf an amount box does not require an entry leave it blank Jan

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