5) My favorite class this semester has been: A) ACC211 B) ACC211 ACC211 D All of the above l. stated rate of 4%, discount. (20 points) On January 2, 2014, Mahoney Sales issued $10,000 in bonds for $9,400. They were 5-year bonds with a and pay semiannual interest. Mahoney Sales uses the straight-line method to amortize bond a. Prepare the iournal entry for the issuance of the bonds on January 2,2014: Prepare the journal entry for the first interest payment on June 30, 2014: c Prepare the journal entry for the retirementlextinguishment of the bonds on January 2, 2019