annually on December 31 each year. They use the straight-line method to mora bood discount On January 1, 2015, Jones Company issued $800.000 o bonds, dues 10 years, wie Record the: 1) journal entry for the bond issue on January 1, 2015 when the bonds issued S800,000, 2) the journal entry for the annual interest payment at December 31. Show you work Problem 2 M Spa TES , Required: Scenario May Sneden Preble comp Cash 8oooo / ist payla 2 56.000 Cash Sowo 56,00 afe Scenario 2 Cash 747,6968 Record the: 1) journal entry for the bond issue on January 1, 2015 when the bonds issued at $747 968, and 2) the journal entry for the annual interest payment at December 31. Show your work ishte int paytle 56.000 Dis 5 BIP Cash 5 DIS 52,032 5 800,000 Scenario Record the: 1) journal entry for the bond issue on January 1, 2015 when the bonds issued at $856,850,- the journal entry for the annual interest payment at December 31. Show your work -Cash 56.0 856,850 intpayble to