Chegg. Help Required information [The following information applies to the questions displayed below) of 4 Legacy issues $670,000 of 6.0%, four-year bonds dated January 1, 2018, that pay interest semiannually on June 30 and December 31. They are issued at $624,896, and their market rate is 8% at the issue date. Required: 1. Prepare the January 1, 2018. journal entry to record the bonds' issuance. View transaction list Ook Journal entry worksheet Record the issue of bonds with a par value of $670,000 cash on January 1, 2018 at an issue price of $624,896. Note: Enter debits before credits General Journal Debit Credit Jan 01. 2018