A corporation issues 7%,10 year bonds with a par value of $660,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 9%, which implies a selling price of 87v/2. Prepare the journal entry for issuance of the bonds for cash on January t Journal entry worksheet Record the issue of bonds with a par value of $660,000. Note Entes febme befarn credits