answer the following accounting question completely Transcribed Image Text: Ivanhoe Corporation issues $330,000 of bonds for $346,500. (a) Prepare the journal entry to record the issuance of the bonds. (Credit

answer the following accounting question completely Transcribed Image Text: Ivanhoe Corporation issues $330,000 of bonds for $346,500.
(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.)
Account Titles and Explanation
Debit
Credit
(b).
Show how the bonds would be reported on the balance sheet at the date of issuance. (Enter account name only and do not provide
descriptive information.)
Ivanhoe Corporation
Balance Sheet (Partial)
24
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