Enviro Company issues 10% 10-year bonds with a par value of $210,000 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.

View transaction list Journal entry worksheet L Record the issue of bonds with a par value of $210,000. Note: Enter debits before credits. Date General Journal Debit Credit Jan 01, 2017