2. To raise funds to build a new plant, Donkey Company issued bonds with the following terms: Face value of the bonds: $100,000. Dates: Issued January 1, 2020; due in 5 years on January 1, 2025. Interest rate: 6 percent per year, payable on December 31 each year. The bonds were issued on January 1, 2020, at .95, implying a 7 percent market rate of interest. The annual accounting period for Donkey Company ends on December 31.- Required: 1. Analyze. 2. Give the journal entry on January 1, 2020 to record the issuance of the notes. 3. Give the journal entry on December 31 to record one month of interest expense, assuming none had been accrued prior to that date. Analyze Liabilities Assets + Stockholders' Equity 2 Journalize Date Debit Credit Effect pagnang C