Brief Exercise 10-10 Concord Corporation issued 3,200, 6%, 5-year, $1,000 bonds dated January 1, 2019, at 100. Interest is paid each January 1. Your answer is partially correct. Try again. Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically inden indent manually.) Your answer is partially correct. Try again. Prepare the adjusting journal entry on December 31, 2019, to record interest expense. (Credit account titles a Do not indent manually.) Date Account Titles and Explanation Debit Credit Dec. 31 Interest Expense Interest Payable Your answer is partially correct. Try again. Prepare the journal entry on January 1, 2020, to record interest paid. (Credit account titles are automatically inde manually.) Date Account Titles and Explanation Debit Credit Jan. 1 Interest Payable Cash