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mko Company issued $790,000, 8-year, 4 percent bonds on January 1, 2021. The bonds were issued for $730,000, interest is ayable annually on December 31. Using straight-line amortization, prepare journal entries to record (a) the bond issuance on January 2021, and (b) the payment of interest on December 31, 2021. (If no entry is required for a transaction/event, select "No Journal atry Required" in the first account field.) Journal entry worksheet Record the issuance of bonds with a face value of $790,000 for $730,000. Note: Enter debits before credits. nko Company issued $790,000,8-year, 4 percent bonds on January 1,2021 . The bonds were iss yable annually on December 31 . Using straight-line amortization, prepare journal entries to recorc 2021 , and (b) the payment of interest on December 31,2021 . (If no entry is required for a transac itry Required" in the first account field.) Journal entry worksheet Record the interest payment on December 31, 2021. Note: Enter debits before credits