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On January 1,2013,Davie Services Issued $20,000 of 8% Bonds That \begin{array} { | l | l | l | } \hline & & \\\hline & & \\\hline\end{array}

question 88

Essay

On January 1,2013,Davie Services issued $20,000 of 8% bonds that mature in five years.They were sold at discount,for a total of $19,000.Please provide the journal entry to issue the bonds.
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Definitions:

Serotonin Selective Reuptake Inhibitors

A class of drugs typically used as antidepressants that function by increasing serotonin levels in the brain by inhibiting its reuptake into the presynaptic cell.

Monoamine Oxidase Inhibitors

A class of medications that inhibit the activity of monoamine oxidase enzymes, used in the treatment of psychiatric and neurological disorders by increasing the levels of certain neurotransmitters in the brain.

Tricyclics

A class of antidepressant drugs that work by inhibiting the reuptake of serotonin and norepinephrine, thereby increasing the levels of these neurotransmitters in the brain.

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