a. Journalize the entry to record the issuance of bonds on April 1, 2016. For a compound transaction, if an amount box does not require an entry, leave it blank. compound transaction, if an amount box does not require an entry, leave it blank. c. Why was the company able to issue the bonds for $9,689,070 rather than for the face amount of $8,200,000 ? The market rate of interest is the contract rate of interest