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help please! i dont understand Cheyenne Corp. issues (in euros) 3.10 million, 10-year, 6%...

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Accounting

imageimagehelp please! i dont understand

Cheyenne Corp. issues (in euros) 3.10 million, 10-year, 6% bonds at 97, with interest payable annually on January 1. - Your answer is partially correct. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit Date Account Titles and Explanation Jan. 1 Cash 3007000 Bonds Payable 93000 e Textbook and Media List of Accounts Assuming instead that the above bonds sold for 103, prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1

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