Brief Exercise 10-20 (Part Level Submission) Novak Corp. issues $3.30 million, 5-year, 13% bonds at 104, with interest payable annually January 1. The straight-line method is used to amortize bond premium. (a) Prepare the journal entry to record the sale of these bonds on January 1, 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 1