Complete the necessary journal entry by selecting the account names from the drop-down menus and the debit or credit columns. Journal entry worksheet 1 Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bonds have a carrying value of $990,000. We call these bonds prior to maturity on September 30 . Note: Enter debits before credits. Prev of 20 Next