Enviro Company issues 10%, 10-year bonds with a par value of $250,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 12%, which implies a selling price of 88 12. QS 10-2 Journalizing bond issuance LO P1 Prepare the journal entries for the issuance of the bonds. Assume the bonds are issued for cash on January 1, 2017 View transaction list Journal entry worksheet Record the issue of bonds with a par value of $250,000. Note: Enter debits before credits. Date Jan 01, 2017 General JournalDabie Creditel Record entry Clear entry View general journal