5 Exercise 10-7A Two accounting cycles for bonds issued at face value LO 10-3 1.25 points On January 1, Year 1, Bell Corp. issued $180,000 of 10-year, 6 percent bonds at their face amount. Interest is payable on December 31 of each year with the first payment due December 31, Year 1. eBook Required Prepare all the general journal entries related to these bonds for Year 1 and Year 2. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Print Journal entry worksheet Record the issue of bonds payable. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01 Record entry Clear entry View general Journal Journal entry worksheet Record the interest expenses for bonds payable. Note: Enter debits before credits. General Journal Debit Date Dec 31 Credit Record entry Clear entry View general Journal Journal entry worksheet Record the interest expenses for bonds payable. Note: Enter debits before credits. General Journal Debit Credit Date Dec 31 Record entry Clear entry View general Journal