PRINTER VERSION ES Exercise 15-6 (Part Level Submission) Whitmore Company issued $690,000 of 5-year, 7% bonds at 98 on January 1, 2017. The bonds pay interest annually. (al) Your answer is correct. Prepare the journal entry to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Account Titles and Explanation Debit Credit Y. Cash 676,200 Discount on Bonds Payable 13,800 Bonds Payable 690,000 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used Attem (a2) Your answer is correct. Compute the total cost of borrowing for these bonds. Study Total cost of borrowing 255,300 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT Atten Th1 (b1) Your answer is correct. Prepare the journal entry to record the issuance of the bonds, assuming the bonds were issued at 101. (Credit account titles are automatically in entered. Do not indent manually.) Account Titles and Explanation Debit Credit Cash 696,900 Bonds Payable 690,000 Premium on Bonds Payable 6,900 Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used SHOW LISI SHOW ANSWER LINK TO TEXT dy (52) Compute the total cost of borrowing for these bonds, assuming the bonds were issued at 101. Total cost of borrowing $ Click if you would like to Show Work for this question: Open Show Work