7 Required information (The following information applies to the questions displayed below.] Alexi Co. issued $2.70 million face amount of 7%, 10-year bonds on June 1, 2019. The bonds pay interest on an annual basis on May 31 each year. Part 3 of 4 01:53:52 b-2. Independent of your answer to part a, assume that the proceeds were $2,348,000. Record the journal entry to show the effect of issuing the bonds. (Enter your answer in whole dollar, not in millions. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) eBook View transaction list View transaction list art 3 of 4 Journal entry worksheet 01:53:28 Record the issuance of bond. eBook Note: Enter debits before credits. Event General Journal Debit Credit 1 Record entry Clear entry View general journal