crm .lv 3. Enviro Company issues 10%, 10-year bonds with a par value of $330,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 12%, which implies a selling price of 88 1/2. Prepare the journal entry for the issuance of the bonds. Assume the bonds are issued for cash on January 1, 2017. -cash 2300000 +37950 Ends payab 6 330.000