en com Chapter 10: Assignment2 Holo Save & Exit Sunt Check my w 3 E10-8 Preparing Journal Entries to Record issuance of Bonds at Face Value, Payment of Interest, and Early Retirement (LO 10-3) On Januaryt innoverve Solutions, Inc. wted $200,000 in bontot face value. The bonds have a stated interest rate of percent The bonds mature in 10 years and pay interest once per year on December 31 Required: 1, 2 & 3. Prepare the required journal entries to record the bond issuance, interest payment on December 31 any retirement of the bonds. Assume the bonds were retired immediately after the first interest payment at a quoted price of 101 of no untry's required for a transaction/event, select "No Journal Entry Required in the first account field) 101 10 te View ansatlant View journal entry was Na General Journal Det 200.000 Jay 01 Herences Canh Banda Payable 200,000 7 2 December 31 internet Expre Interest Payati 200.000 2 3 December 31 Bonds Payable Premium on Bon Pay