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  3. on august 1,2022, blue spruce corp. issued $690,00

On August 1,2022, Blue Spruce Corp. issued $690,000,7%,10-year bonds at face value. Interest is payable...

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Accounting

On August 1,2022, Blue Spruce Corp. issued $690,000,7%,10-year bonds at face value. Interest is payable annually on August 1. Blue Spruce's year-end is December 31.
(a)
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.)
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